Nissan Axes 9000 Jobs, Cuts Annual Profit Outlook By 70%

Independentng | 08-11-2024 02:00am |

Japan’s third-largest automaker cut its annual operating profit forecast to USD 975 million as it grapples with falling sales in two of its biggest markets China and the United States.Nissan Motor is slashing 9,000 jobs and cutting global production capacity by a fifth, the company announced. Japan’s third-largest automaker has also cut its annual operating [...]

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