Nissan is to cut 20,000 jobs worldwide, 8.5% of its workforce, over the next year because of a sharp fall in sales.
The Japanese carmaker made the announcement as it said it expected to make a loss of 265bn yen ($2.9bn; £2bn) for its current financial year.
Nissan chief executive Carlos Ghosn said the the firm's "worst assumptions on the state of the global economy have been met or exceeded". - BBC
Linkback:
https://tubagbohol.mikeligalig.com/index.php?topic=17791.0
Topic: Losing Jobs at Nissan (Read 2211 times)