💨 Abstract

Nissan is cutting 15% of its global workforce (20,000 employees) and reducing its auto plants from 17 to 10 as it reported a significant fiscal year loss of 670.9 billion yen ($4.5 billion). The company attributes the loss to declining vehicle sales in China and other countries, as well as U.S. tariffs on auto imports. Nissan aims to reduce costs by 250 billion yen ($1.7

Courtesy: wtop.com