Japan's Nissan announced a new round of cost cuts this month that include closing seven production sites globally.

Japanese carmaker Nissan has increased its planned job cuts by 11,000 as part of its recovery ... 2025 remains vague as it looks to mitigate the impact of President Donald Trump's tariffs.

The beleaguered Japanese giant said on Tuesday it would cut 20,000 jobs and close seven factories by 2027 as it slips deeper into crisis.

Chief Financial Officer Jeremie Papin ... and a failed merger attempt have all contributed to Nissan's dire straits. Nissan announced 9,000 job cuts in 2024 In 2024, Nissan announced that it ...

Nissan faces significant challenges, planning to cut 10,000 more jobs amid a projected $5 billion ... for the 2024-25 financial year. Its previous worst full-year net loss was 684 billion yen ...

Nissan plans to cut 10,000 more jobs worldwide, Japanese media reported ... 700-750 billion yen ($4.8-$5.1 billion) for the 2024-25 financial year. Its previous worst full-year net loss was ...

Nissan said it would cut 20,000 jobs and close seven ... forecast for the coming financial year by nearly 60%. The company is also taking measures to ease the impact of the tariffs, including ...

Officials said it will impact ... cut 9,000 jobs and reduce manufacturing capacity by 20% on top of a 50% monthly pay cut for Nissan executives as it pointed to its "severe" financial "situation ...