Published Mon, May 12, 2025 · 05:35 PM
[TOKYO] Nissan Motor will slash more than 10,000 jobs globally, bringing the total cuts including previously announced layoffs to about 20,000 or 15 per cent of its workforce, Japan’s public broadcaster NHK reported on Monday (May 12).
The struggling Japanese carmaker last month warned it would likely book a record US$4.74 billion-US$5.08 billion net loss in the financial year that ended in March due to impairment charges.
Nissan is set to announce its full-year results on Tuesday. The company declined to comment on the report. REUTERS
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