Japanese automaker Nissan Motor Co., Ltd. $7201.T is taking bold steps to realign its global operations amid mounting financial and competitive challenges. According to a report by Nikkei, the company is preparing to suspend operations at several of its manufacturing plants worldwide as part of a larger restructuring plan. While the specific locations and duration of the suspensions remain undisclosed, industry observers note that this move signals a shift in Nissan's strategic direction aimed at reducing long-term operational inefficiencies.
Nissan Motor Co. $7201.T, Japan’s third-largest automaker, is implementing a sweeping cost-cutting initiative that will eliminate more than 10,000 jobs worldwide. With this new round of layoffs, the total workforce reduction will reach approximately 20,000 positions—representing about 15% of the company’s global headcount. This development, reported by NHK, underscores Nissan’s urgent efforts to restore operational efficiency and financial sustainability following sharp sales declines in key markets, particularly China and the United States.