Nissan Layoffs: Japanese Automobile Giant To Cut 10,000 More Jobs Globally Amid Financial Losses, Total Layoffs To Affect 20,000 Employees
Japan-based Nissan Motor is planning to lay off more 10,000 employees amid financial losses. The Nissan layoffs will affect 20,000 employees in total after adding 10,000 previously announced cuts. The automobile giant said it would incur around five billion dollar in losses.
Japan-based Nissan Motor will reportedly cut more 10,000 employees from its global workforce, adding to the previous layoffs of 10,000. In total, the Nissan layoffs round will affect 20,000 global employees, 15% of the automobile giant's total staff. The Japanese automobile giant warned that it would witness a USD 4.74 billion to USD 5.08 billion in loss in the financial year that ended in March because of impairment charges. Layoffs 2025: Paramount Global, Warner Bros Discovery, CNN and Other Media and Entertainment Giants To Announce Fresh Rounds of Layoffs This Year.
Japan's Nissan Motor Laying Off 20,000 Jobs Globally Amid Financial Losses
BREAKING: Nissan to cut a total of 20,000 jobs
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(The above story first appeared on LatestLY on May 12, 2025 03:46 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
