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.

Nissan is facing a financial crisis, with dealerships selling cars at a loss, reduced production, and a series of job cuts, totaling more than 9,000 positions eliminated. Additionally, the company ...

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

Nissan is taking drastic action to stay afloat, announcing plans to cut 20,000 jobs globally as part of its sweeping ...

More than just the buyouts, Nissan’s tightening the belt in other ways. A suspension of pay raises for this business year is ...

Nissan Motor’s financial performance deteriorated significantly in the second quarter of the current fiscal year, between July and September 2024, with global revenues falling by 5% year-on-year ...

When asked by MotorTrend at the FT summit in London, U.K., whether Nissan could survive its current financial crisis, a pragmatic Espinosa explained that the company’s current plan prioritizes ...

Nissan's historic Oppama plant, a cornerstone of Japan's automotive industry since 1961, faces possible closure as the ...

Reports say that Nissan’s Chief Financial Officer is about to step down. That man, Stephen Ma, stepped into the role in 2019. If he leaves he’ll be the second major executive from Nissan to ...

Nissan said it would cut 20,000 jobs and close seven factories on Tuesday. The Japanese automaker is mired in a financial crisis and faces a major headache from Trump's tariffs. It said tariffs ...