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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\u2019s consolidated net value decreasing by 79.1 billion yen (approx. \u20ac481 million) to 5.98 trillion yen (approx. \u20ac36 billion). The consolidated operating profit decreased by 303.8 billion yen (approx. \u20ac1.85 billion) to 32.9 billion yen (\u20ac200 million), representing an operating profit margin of just 0.5%.This content has been archived. Log in or Subscribe to a level…<\/p>\n","category_list_v2":"Energy<\/a>, Industry<\/a>, Top Stories Today<\/a>, Weekly Newsletter<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\nNissan to cut 9,000 jobs in a radical austerity program - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/11\/12\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nissan to cut 9,000 jobs in a radical austerity program - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"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\u2019s consolidated net value decreasing by 79.1 billion yen (approx. \u20ac481 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2024\/11\/12\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-12T11:20:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-15T12:08:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2024\/11\/Schermafbeelding-2024-11-12-om-09.37.21.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1446\" \/>\n\t<meta property=\"og:image:height\" content=\"892\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tony Verhelle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony Verhelle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/12\\\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/12\\\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\\\/\"},\"author\":{\"name\":\"Tony Verhelle\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/9ed42cfc4d62d98488c1d6e225040557\"},\"headline\":\"Nissan to cut 9,000 jobs in a radical austerity program\",\"datePublished\":\"2024-11-12T11:20:56+00:00\",\"dateModified\":\"2024-11-15T12:08:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/12\\\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\\\/\"},\"wordCount\":551,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/12\\\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Schermafbeelding-2024-11-12-om-09.37.21.png?fit=1446%2C892&ssl=1\",\"articleSection\":[\"Energy\",\"Industry\",\"Top Stories Today\",\"Weekly Newsletter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/12\\\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/12\\\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/12\\\/nissan-to-cut-9000-jobs-in-a-radical-austerity-program\\\/\",\"name\":\"Nissan to cut 9,000 jobs in a radical austerity program - 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