Nissan cuts 20000 jobs, shuts 7 plants
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Nissan is experiencing a perfect storm of issues causing the automaker to struggle with sales and operating profit. So how (if at all) does this affect Tennesseans? What we know.
Japanese automaker joins other automakers in pointing to new U.S. tariffs as weighing on their financial results.
Nissan's only European factory is not part of CEO Ivan Espinosa's plan to close seven plants globally. New electrified models will be added at the plant in Sunderland, England, he said.
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Nissan's latest turnaround plan involves closing seven factories and cutting 20,000 jobs. Following a staggering annual net loss, the company aims to streamline its operations. What does this mean for the future of the Rosslyn plant in SA?
Nissan announced on Tuesday that it will close seven factories worldwide and cut 20,000 jobs, though it is not known how its plant in Sunderland will be affected at this stage
Ivan Espinosa is mapping a daring route. Nissan Motor’s new CEO, who replaced Makoto Uchida last month, is doubling his predecessor’s planned job cuts and plant closures. Hitting his sales target will be tough in the face of tariffs,
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CAR Magazine on MSNJob cuts, plant closures and more as Nissan kick-starts drastic turnaround planTo combat the plunging losses, new CEO Ivan Espinosa – who took over from Makoto Uchida who stepped down in the wake of the failed merger with Honda – has initiated the Re:Nissan plan. The aim is for the company to become profitable again after the 2026 financial year.
The car maker has announced it will shut seven factories and cut 20,000 jobs globally in a bid to slash costs.
Nissan on Tuesday announced it will close seven of its global vehicle plants and slash its workforce by 20,000 by 2027 as part of a major cost-saving drive to save the company.
Amid major global restructuring, Nissan’s announcement of factory closures has sparked concern among North East MPs, who are urging clarity and assurances over the future of the Sunderland plant and its 6,