(Update) Nissan CEO Vows Painful Restructuring Steps
Yokohama, June 24 (Jiji Press)--Nissan Motor Co. President and CEO Ivan Espinosa emphasized Tuesday that his company needs to implement restructuring measures regardless of the pain they may bring.
At a regular general meeting of shareholders at the company's headquarters in Yokohama, Kanagawa Prefecture, south of Tokyo, Espinosa also vowed to turn around the struggling Japanese automaker through the closure of seven plants in and outside Japan and a reduction of 20,000 jobs, which are being considered.
(2025/06/24-20:45)
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