Tokyo, Nov 7, 2024 (AFP) - Nissan announces 9,000 job cuts, slashes sales forecast

NAMPA / AFP

2024-11-07

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was "facing a severe situation". "Nissan will cut global production capacity by 20 percent and reduce its global workforce by 9,000," said the company, which now expects net sales of 12.7 trillion yen ($80 billion), down from 14 trillion previously forecast. kaf/dan ...

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