Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping vehicle sales ...

Japanese automaker Nissan is facing criticism from its former executive leader as the company and its new CEO, Ivan Espinosa, get to grips with its ambitious turnaround action plan. On May 13 ...

TOKYO -- Japanese automaker Nissan Motor will cut seven of its 17 factories under its new CEO's sweeping restructuring strategy aimed at turning the loss-making company around. Nissan will ...

May 13 (UPI) --Japanese automaker Nissan said Tuesday it will shutter seven plants and cut thousands of additional jobs in a second round of job cuts after yielding millions of dollars in profit ...

Nissan said it would cut 20,000 jobs and close seven factories on Tuesday. The Japanese automaker is mired in a financial crisis and faces a major headache from Trump's tariffs. It said tariffs ...

Nissan Motor Co. vowed to close seven factories and slash 20,000 jobs after posting one of its biggest annual losses since French carmaker Renault SA rescued it from near bankruptcy a quarter ...

Nissan had an operating loss of 215.9 billion yen in the automotive business for 2024. The company will cut workforce and close plants, aiming to reduce costs and stay afloat. Tennessee is home to ...

Despite the announcement of 11,000 layoffs and seven global factory closures, Nissan said its Tennessee and Mississippi factories remain critical to its North American strategy. "Our manufacturing ...

A 37-year-old NJ Transit executive has been charged after authorities say he stole $700,000 worth of phones from the agency and then sold them for profit. Peejay Manila bought about 850 phones ...

Nissan Motor plans to lay off more than 10,000 employees globally, doubling the total cuts at the Japanese automaker to about 20,000 workers amid weakened sales in the U.S. and China, Japan’s ...

A lot is happening at Nissan these days. They have a new CEO because the old one was ousted after the botched merger attempt with Honda; they are bleeding a lot of money because their business is ...

Nissan dealers started asking for a new Xterra years ago. Enthusiasts certainly wouldn’t mind one, considering the rising popularity of off-roaders and off-roader-like models. Now, one of the ...