Nissan Shares Fall Further on Weak Outlook, Plans to Cut Jobs
Nissan Motor Co. shares extended their losses Monday after moves to cut thousands of jobs and slash production capacity cast doubt on Chief Executive Officer Makoto Uchida’s plans to turn around the carmaker.
Nissan Cuts 9,000 Jobs Amid Declining Sales and Rising Costs
Nissan announced it will cut 9,000 jobs after experiencing a decline in sales during the most recent fiscal quarter.
Nissan, hurt by US and Chinese sales, slashes 9,000 jobs globally; CEO to cut pay in half
TOKYO — Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said Thursday, as it scrambles to reduce costs by $2.6 billion in the current fiscal year amid a sales slump in China and the U.S.
Nissan's bold overhaul: Job cuts, sales for financial survival
CEO Makoto Uchida announced the company's restructuring plan, which involved tough and painful decisions. The automotive industry is facing potential serious challenges. Another company, whose representatives are speaking very frankly,
Nissan cuts 9,000 jobs and 20% of production capacity
Nissan's share price has indeed fallen sharply on the Tokyo Stock Exchange, losing JPY 369 (-36.00, or -8.90%) in the last five days since the announcement of the reduction.
Nissan Cutting Thousands Of Jobs And Mitsubishi Shares
It’s dark times at Nissan as the automaker announces it will be cutting 9,000 jobs and how much of a stake it has in Mitsubishi. That’s not a positive sign for the Japanese company, which supplies quite a few rental vehicles here in the US,
Nissan restructures: 9,000 jobs at risk in survival bid
CEO Makoto Uchida announced the company's restructuring plan, a move that involved difficult and painful decisions. The automotive industry is facing the threat of a severe crisis. Nissan is another brand facing tough times.
Nissan Sells Part Of Mitsubishi; Makes Severe Cuts
In another move announced separately, Nissan is selling part of its stake in Mitsubishi back to Mitsubishi. Mitsubishi is ...
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Nissan enters into a new era of turmoil. Here's why
Nissan expects to produce about 32 lakh vehicles in the year ending in March, almost 7% fewer than the last fiscal year.
Nissan shares jump 21% after activist Effissimo takes stake
Nissan Motor shares jumped as much as almost 21% on Tuesday after a filing showed activist investor Effissimo Capital ...
Mitsubishi buys back major stake from Nissan—what it means for their alliance
Mitsubishi’s purchase of a 10% stake from Nissan reduces Nissan’s hold in the company, but the brands plan to continue their ...
Nissan Motor Shares Jump After Activist Investor Builds Stake
Nissan Motor shares jumped their most in a decade and a half after an activist investor took a stake in the Japanese carmaker ...
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 ...
What's Nissan's plan to stay in the game after 9,000 layoffs and CEO pay cut?
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and ...
Nissan shares surge after activist investor takes stake
Shares in Nissan surged as much as 20 per cent on Tuesday, after a fund managed by activist investor Effissimo Capital ...
The 2025 Nissan Rogue: A well-balanced and punchy small SUV with excellent fuel economy
The 2025 Nissan Rogue is a comfortable and fuel-efficient compact SUV with plenty of technology. Pricing starts at $30,620.
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Activist hitches long ride on Nissan’s turnaround
HONG KONG, Nov 12 (Reuters Breakingviews) - Nissan Motor (7201.T), opens new tab could be a long, potentially uncomfortable ...