Nissan's Workforce Overhaul: Massive Global Job Cuts
Nissan Motor plans to cut more than 10,000 jobs globally, increasing total layoffs to 15% of its workforce. These reductions, along with previously announced cuts, will impact 20,000 employees worldwide. The decision highlights Nissan's ongoing struggles and efforts to streamline operations.
- Country:
- Japan
Nissan Motor is intensifying its efforts to streamline operations by announcing significant global workforce reductions. Japan's NHK reported on Monday that the automaker plans to cut over 10,000 jobs, which will bring the total layoffs to approximately 15% of its workforce.
The decision adds another layer to the challenges facing the Japanese carmaker, increasing total job cuts to about 20,000 positions, according to NHK. The move reflects Nissan's struggle to stabilize its operations amid a competitive automotive landscape.
Such significant workforce reductions underscore the urgency with which Nissan is attempting to navigate its financial and operational difficulties. As one of Japan's leading automakers, the company is under pressure to optimize its global operations and align with shifting industry dynamics.
(With inputs from agencies.)
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