Nissan Announces Major Job Cuts in U.S. Amid Global Cost Reduction Strategy
Nissan is taking significant steps to cut costs and adjust to market demand by offering voluntary buyouts and reducing shifts at three of its U.S. plants. This move could affect up to 1,500 jobs and is part of a broader $2.6 billion global cost-reduction initiative. The decision is driven by sales decline in key markets like China and North America, and it also ties into global restructuring plans that aim to cut 9,000 jobs worldwide.
Jan 31