Nissan announces 9,000 job cuts, slashes sales forecast

Afp News

Nissan announces 9,000 job cuts, slashes sales forecast
Malaysia Latest News,Malaysia Headlines
  • 📰 theSundaily
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

TOKYO: Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to...

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle “a severe situation”.

“Facing a severe situation, Nissan is taking urgent measures to turnaround its performance and create a leaner, more resilient business capable of swiftly adapting to changes in the market,“ a company statement said. “Net income is to be determined due to ongoing assessment of costs necessary for the planned turnaround efforts,“ Uchida said.

It said its stake in Mitsubishi will fall to around 24 percent from 34 percent currently. Uchida added that Nissan would keep close ties with the company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

theSundaily /  🏆 25. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Johor first in country to offer starting salaries of RM4,000 to RM5,000, says TMJJohor first in country to offer starting salaries of RM4,000 to RM5,000, says TMJEstonian ehailing service Bolt is set to launch in Malaysia soon, according to a notice displayed on the app's main homepage.
Read more »

Johor Negeri Pertama Yang Tawar Gaji Premium Sebanyak RM4,000 & RM5,000 Untuk PekerjaJohor Negeri Pertama Yang Tawar Gaji Premium Sebanyak RM4,000 & RM5,000 Untuk PekerjaJohor memperkenalkan gaji premium kepada pekerja berkemahiran tinggi supaya bakat tempatan tidak mengalir keluar.
Read more »

Johor Sebagai Negeri Pertama Bakal Tawar Gaji Premium RM4,000 Ke RM5,000Johor Sebagai Negeri Pertama Bakal Tawar Gaji Premium RM4,000 Ke RM5,000Menurut Tunku Ismail Ibni Sultan Ibrahim, gaji premium bermula RM4,000 hingga RM5,000 itu akan ditawarkan kepada pekerja berkemahiran tinggi.
Read more »

Offenders can be fined RM100,000 to RM500,000Offenders can be fined RM100,000 to RM500,000(Reuters) - Ingram Micro priced its U.S. initial public offering at $22 per share, within its targeted range of $20 and $23 on Wednesday, raising $233.1 million, the technology distributor said.
Read more »

Anwar: Govt May Raise T15 Threshold To RM15,000 Or RM20,000Anwar: Govt May Raise T15 Threshold To RM15,000 Or RM20,000He also told critics not to be a champion for the ultra-wealthy.
Read more »

Nissan cuts 9,000 jobs globally, slashes sales forecast amid ‘severe situation’Nissan cuts 9,000 jobs globally, slashes sales forecast amid ‘severe situation’TOKYO, Nov 7 — Japanese automaker Nissan today announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle “a severe...
Read more »



Render Time: 2025-02-16 11:04:53