Nissan to cut 9,000 jobs in a radical austerity program
November 12, 2024
Nissan is adopting a harsh cost-cutting course. Global production capacities will be reduced by 20%, and 9,000 jobs will disappear. Nissan also plans to sell about one-third of its Mitsubishi shares, representing approximately 10% of the total MMC shares. The changes are motivated by the company’s consolidated net value decreasing by 79.1 billion yen (approx. […]