Nissan plans to cut over 10,000 jobs globally – source - News Daily

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Tuesday, July 23, 2019

Nissan plans to cut over 10,000 jobs globally – source

TOKYO (Reuters) - Nissan Motor Co Ltd is planning to cut more than 10,000 jobs globally to help turn around its business, a source said on Wednesday, showing a tough road ahead for the automaker which is also reeling from the ouster of former Chairman Carlos Ghosn. The cuts include the 4,800 already announced in May, and will mostly be at factories overseas with low utilisation rates, said the person familiar with the matter, adding that the move would be announced along with financial results on Thursday. The move was first reported by Kyodo late on Tuesday.

The post Nissan plans to cut over 10,000 jobs globally – source appeared first on Firstpost.



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