Nissan to cut over 10,000 more jobs globally, NHK reports

ReutersLast Updated: May 12, 2025, 03:38:00 PM IST

Synopsis

Nissan Motor is reportedly readying to chopped implicit 10,000 further jobs worldwide, escalating full layoffs to astir 20,000, which accounts for 15% of its workforce.

Nissan Motor volition additionally slash much than 10,000 jobs globally, bringing the full cuts including antecedently announced layoffs to astir 20,000 oregon 15% of its workforce, Japan's nationalist broadcaster NHK reported connected Monday.

The struggling Japanese carmaker past period warned it would apt publication a grounds 700 cardinal yen to 750 cardinal yen ($4.74 billion-$5.08 billion) nett nonaccomplishment successful the fiscal twelvemonth that ended successful March owed to impairment charges.

Nissan is acceptable to denote its full-year results connected Tuesday. The institution declined to remark connected the report.

($1 = 147.7300 yen) (Reporting by Kantaro Komiya Editing by Chang-Ran Kim)