NHK has learned that struggling Japanese automaker Nissan Motor plans to cut about 11,000 more jobs, bringing the firm's total expected reduction to around 20,000, or 15 percent of its global group workforce.
The latest plan follows an announcement in November that the company would reduce its global production capability by 20 percent and trim 9,000 workers to turn around its business.
Sources say the firm is planning the additional job cuts as unit sales have declined more than expected.
The automaker said on Friday it would abandon a plan to build a factory for EV batteries in Kitakyushu City, western Japan. It also said it would shut down three plants in Thailand and elsewhere.
The firm is expected to announce the new plans at a news conference for releasing business results on Tuesday.
Nissan expects a net loss of up to 750 billion yen, or roughly 5 billion dollars, for fiscal 2024, which ended in March.
The latest plan follows an announcement in November that the company would reduce its global production capability by 20 percent and trim 9,000 workers to turn around its business.
Sources say the firm is planning the additional job cuts as unit sales have declined more than expected.
The automaker said on Friday it would abandon a plan to build a factory for EV batteries in Kitakyushu City, western Japan. It also said it would shut down three plants in Thailand and elsewhere.
The firm is expected to announce the new plans at a news conference for releasing business results on Tuesday.
Nissan expects a net loss of up to 750 billion yen, or roughly 5 billion dollars, for fiscal 2024, which ended in March.
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Summary
Japanese automaker Nissan Motor plans to cut approximately 11,000 jobs, bringing the total expected reduction to around 20,000 or 15% of its global workforce. This decision follows an earlier announcement in November to reduce global production by 20% and trim 9,000 workers. The additional job
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ID: 1cbf55d2-a6cb-4f00-87e6-5c4c947f6cec
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250512_24/
Date: May 12, 2025
Created: 2025/05/13 07:00
Updated: 2025/12/08 04:14
Last Read: 2025/05/13 07:40