Since the dramatic downfall of its “Cost Killer” Chairman Carlos Ghosn in 2018, Japan’s Nissan Motor Co. has labored under an ...

Nissan Unveils Recovery Plan, Cuts 20,000 Jobs Worldwide Nissan Motor Co. announced a major restructuring effort on Tuesday ...

Nissan Motor Co., Ltd. has announced a financial recovery plan, Re:Nissan, under new management, while a “leaner, more ...

Nissan Motor Corp. said it will reduce the number of its auto plants to 10 from 17, under what it called its recovery plan to ... But Nissan Chief Financial Officer Jeremie Papin acknowledged ...

This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. Nissan Motor Co. plans to cut a total of 20,000 ...

Nissan has a total of 133,580 employees on a consolidated basis as of April 1, according to the company's website. The widespread layoffs are part of the company's recovery plan ... the company said ...

Japan carmaker Nissan ... a robust recovery," Espinosa said. "All employees are committed to working together as a team to implement this plan, with the goal of returning to profitability by fiscal ...

Nissan has said it is targeting 250 billion yen (£1.28bn) worth of cost savings against the previous financial year ... seek every possible opportunity to implement and ensure a robust recovery.

TOKYO -- Nissan Motor will take more than 560 billion yen ($3.93 billion) in write-downs and other charges, but the bloodletting is unlikely to cure the automaker, which market watchers say needs ...