Nissan Mulls Cutting 20,000 Jobs Globally

Nissan Mulls Cutting 20,000 Jobs Globally

   Tokyo, May 22 (Jiji Press)--Nissan Motor Co. <7201> is considering cutting around 20,000 jobs around the world, as it plans to accelerate its structural reform to improve profitability, in order to weather tough business conditions amid the COVID-19 pandemic, informed sources said Friday.
   The possible job reduction is compared with the cut of 21,000 jobs in the 1999 Nissan Revival Plan, which was mapped out under former Chairman Carlos Ghosn.

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