Meanwhile, Nato foreign ministers debate increased weapons spending as police investigate the bloc’s purchases of military equipment
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Nissan to slash 9,000 jobs
The Nissan showroom in Ginza shopping district in Tokyo, March 31, 2023
President hoped to give voters chance to decide on 8-hour work days and double pay for holiday work
JAPANESE car maker Nissan reported today that it plans to slash 9,000 jobs after it suffered a massive loss for the latest fiscal quarter.
Chief executive Makoto Uchida said that he was taking a 50 per cent pay cut to take responsibility for the dismal results, while promising that a turnaround was coming.
Nissan Motor Corporation announced a global workforce reduction of 9,000 people, or about 6 per cent of its more than 133,000 employees, as well as a plan to slash global production capacity by 20 per cent.
