Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a fifth of its manufacturing capacity as it struggles with sales in China and the United States.
Nissan has said it will lay off thousands of workers as it slashes global production to tackle a drop in sales in China and ...
Nissan is adopting a radical austerity programme. Global production capacities will be reduced by 20 per cent and 9,000 jobs ...
Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned ...
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