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Nissan plans to cut 20,000 jobs and close 7 plants to save $3.4 billion under "Re-Nissan."
Nissan plans to cut 20,000 jobs globally by 2027 and reduce its plants from 17 to 10 as part of its "Re-Nissan" cost-saving program, aiming to save $3.4 billion.
The automaker reported a net loss of over $4.5 billion for fiscal year 2024, with sales drops in China and uncertainty due to U.S. tariffs.
Nissan is focusing on U.S.-built products and optimizing local capacity to mitigate tariff impacts.
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Nissan planea recortar 20,000 empleos y cerrar 7 plantas para ahorrar $ 3.4 mil millones bajo "Re-Nissan".