web analytics

Nissan Turns to Job Cuts and Its CEO Takes a Hit for the Team

This post was originally published on this site

Battling headwinds in China and the U.S., Nissan has announced major job cuts for the year, cutting its annual operating forecast by 70%. As per Nissan’s restructuring plans, 9,000 jobs will be eliminated and 20% of the global manufacturing capacity will be cut. 

Japan’s third-largest automaker has faced a prominent decline in its sales and revenue since 2019, which led to the removal of chairman Carlos Ghosn and a reversal of its partnership with Renault SA. The company was also forced to recall 300,000 SUVs in the U.S. back in 2022, after a major defect in the car that caused

Read Full Story

See also  Divulging the Many Benefits of Fair Chance Hiring
,

Get the Latest HR Headlines

* indicates required

HR NEWS MARKETPLACE


»Convert More Candidates with Dalia


»Hire Quality Talent Faster with FastTalent


»Diversity and Inclusion Job Board


»RecTech PR Newswire


»Job Board Directory


»Recruiting Newsletters


»HR Tech News


»HR Freelancers


»Jobs with Relocation Assistance


»Diversity Hiring News


»Recruiter Ebooks