Japanese automaker Nissan cuts 9,000 jobs

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned.
Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a fifth of its manufacturing capacity as it struggles with sales in China and the United States. On Thursday, Japan’s third-biggest ...
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
Nissan shares slump after plan to slash jobs, production
Nissan Motor shares slumped 6% in Tokyo trade on Friday, a day after the Japanese automaker said it would cut 9,000 jobs and 20% of its manufacturing capacity as it struggles with sales in China and the United States.
Nissan Plans 9,000 Job Cuts, Slashes Guidance After Loss
The Japanese carmaker is embarking on a turnaround plan that includes cutting global production capacity by a fifth.
Nissan to Cut 9,000 Jobs and Slash CEO’s Pay Amid Struggles
Nissan Motor Co. plans to lay off 9,000 workers and reduce its global manufacturing capacity by 20 percent, according to Reuters. The Japanese automaker’s restructuring strategy is aimed at trimming $2.
Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.
Nissan cuts 9,000 jobs, slashes CEO's pay amid struggling sales
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and a renewed focus on EVs and hybrids.
Japanese carmakers are losing ground as China surges ahead in the EV race
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitive EV market.
Nissan Shares Jump 21% After Activist Effissimo Takes Stake
In a regulatory filing on Monday, Nissan listed Cayman Islands-registered ECM Master Fund as a shareholder with a 2.5%stake ...
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What's Nissan's plan to stay in the game after 9,000 layoffs and CEO pay cut?
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and ...
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Nissan Motor Shares Jump After Activist Investor Builds Stake
Nissan Motor 720112.81%increase; green up pointing triangle shares jumped their most in a decade and a half after an ...
Nissan shares surge after activist investor takes stake
Shares in Nissan surged as much as 20 per cent on Tuesday, after a fund managed by activist investor Effissimo Capital ...
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Activist hitches long ride on Nissan’s turnaround
HONG KONG, Nov 12 (Reuters Breakingviews) - Nissan Motor (7201.T), opens new tab could be a long, potentially uncomfortable ...
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Nissan restructures: 9,000 jobs at risk in survival bid
CEO Makoto Uchida announced the company's restructuring plan, a move that involved difficult and painful decisions. The ...
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Nissan shares jump more than 20% after activist Effissimo takes stake
Nissan Motor shares jumped as much as 20.6 per cent on Tuesday after a filing showed an entity related to activist investor ...
2025 Nissan Z Adds Midnight Purple, But You’ll Need To Win Japan’s Lottery To Get One
The sportscar is also fitted as standard with the SOS call function, which helps emergency services locate the vehicle in the ...