Nissan to shut 7 plants, cut 20,00 jobs
Government
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 losses last year. The shake-up cuts Nissan's global workforce by a total of 20,000 and will reduce its number of its factories from 17 to 10 by 2027. "The decision (to reduce the workforce), of course, was not easy," said Nissan Motor Co. CEO Ivan Espinosa. Officials said it will impact Nissan staff
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