Nissan to cut 9,000 jobs globally; CEO accepts these 'big problems'

Nissan Motor Corp. is implementing a major restructuring plan that includes 9,000 job cuts and a 20% reduction in production capacity. These measures come as the automaker grapples with a 94% drop in net income and aims to refocus on the burgeoning electric and hybrid vehicle sectors.

from Times of India https://ift.tt/UVW7MTI