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Nissan plans to cut more than 10,000 jobs around the world: Report

The additional cuts come on top of the 4,800 jobs Nissan announced in May

Nissan's net profit fell to a near-decade low last year and it has already warned of “a difficult business environment” for the next 12 months 	Photo: Bloomberg
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Nissan's net profit fell to a near-decade low last year and it has already warned of “a difficult business environment” for the next 12 months Photo: Bloomberg

AFPPTI Tokyo
Japanese car giant Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Kyodo News agency said Tuesday, citing company sources.

The additional cuts come on top of the 4,800 jobs Nissan announced in May it was trimming from its global workforce of around 139,000. Nissan's net profit fell to a near-decade low in the last business year and it has already warned of "a difficult business environment" for the next 12 months.
 
The company has been hit by a fall in sales in the United States and Europe and is still

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First Published: Jul 24 2019 | 1:45 AM IST

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