
TOKYO: Nissan Motor will additionally slash more than 10,000 jobs globally, bringing the total cuts, including previously announced layoffs, to about 20,000 or 15% of its workforce, Japan’s public broadcaster NHK reported today.
The struggling Japanese carmaker last month warned it would likely book a record ¥700 billion to ¥750 billion (US$4.74 billion-US$5.08 billion) net loss in the financial year that ended in March due to impairment charges.
Nissan is set to announce its full-year results today. The company declined to comment on the report.