Nissan cuts 9,000 jobs globally, slashes sales forecast amid ‘severe situation’

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TOKYO, Nov 7 — Japanese automaker Nissan today announced 9,000 job cuts as it slashed its annual sales forecast, saying...

The firm now expects net sales of ¥12.7 trillion (RM352.3 billion) — down from 14 trillion previously forecast.

Among other measures, the automaker will reduce its stake in Mitsubishi Motors by selling shares back to the firm.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaJapanLebanonVietnam

Topics: Job cuts Sales Nissan

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 17:26:57 (6 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 23567515

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