Nissan Motor will moreover slash greater than 10,000 jobs globally, bringing the entire cuts together with beforehand introduced layoffs to about 20,000 or 15% of its workforce, Japan’s public broadcaster NHK reported on Monday. The struggling Japanese carmaker final month warned it could probably e book a file 700 billion yen to 750 billion yen ($4.74 billion-$5.08 billion) web loss within the monetary yr that led to March as a consequence of impairment prices.
Nissan is ready to announce its full-year outcomes on Tuesday. The corporate declined to touch upon the report.
($1 = 147.7300 yen) (Reporting by Kantaro Komiya Enhancing by Chang-Ran Kim)
