HOME > BUSINESS > Article

Text Size

small

medium

large


Nissan to Cut 20,000 Jobs Globally

Nissan to Cut 20,000 Jobs Globally

   Tokyo, May 12 (Jiji Press)--Struggling Nissan Motor Co. is planning to cut about 20,000 jobs in and outside Japan, up from 9,000 as previously planned, it was learned Monday.
   Nissan decided on the larger job cut, amounting to around 15 pct of its total workforce, as its business environment worsened further. It hopes that the restructuring measure will help the company regain profitability earlier.

To read a full story, please click here to find out how to subscribe.

BUSINESS

HEADLINES

POLITICS
WTO Chief, Japan PM Ishiba Vow Cooperation to Maintain Multilateral Trade Regime
ECONOMY
SoftBank Group Logs 1,153 B. Yen in Net Profit in FY '24, 1st Black Ink in 4 Yrs
SPORTS
MLB: Dodgers' Shohei Ohtani Misses National League Player of the Week Award
OTHER
Chinese Woman Nabbed in Japan for Allegedly Buying Stolen Cigarettes for Resale

AFP-JIJI PRESS NEWS JOURNAL


Photos