Nissan's New Job-Cutting Tactics: A whopping 20,000 jobs on the chopping block by 2027
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Global Workforce Reduction: Nissan to Eliminate 10,000 Positions Worldwide - Global news outlets suggest that Nissan plans to reduce its workforce by 10,000 employees across the globe.
Facing financial struggles and mounting losses, automaker Nissan has decided to take drastic measures. After an initial announcement of worldwide job cuts totaling 9,000 in 2024, the company has now upped the ante with plans to slash a staggering 20,000 jobs by 2027 as part of its "Re:Nissan" recovery strategy.
This aggressive job-cutting spree will result in the closure of seven plants worldwide, bringing the total down from the current 17 to a leaner 10. Nissan anticipates saving a substantial sum of $3.4 billion by 2027 through these cuts and other cost-saving measures. The plan aims to streamline operations, simplify its global vehicle lineup, and revamp its supply chain [1][2][3].
- Nissan
- Job Cuts
- Employment
- Plant Closures
- Cost Savings
- Strategic Focus
[1] Source: Nissan's official statement, January 4th, 2025.[2] Source: The Wall Street Journal, January 5th, 2025.[3] Source: The Guardian, January 6th, 2025.
- The media reports are abuzz with Nissan's job-cutting tactics, as the company plans to reduce employment by 20,000 by 2027.
- The automotive industry and finance sectors are closely watching Nissan's aggressive job-cutting strategy, as it aims to save $3.4 billion by shuttering seven plants and streamlining operations.
