Nissan plans to cut over 10,000 jobs globally - Kyodo

(Reuters) - Nissan Motor Co Ltd is planning to cut more than 10,000 jobs globally, in addition to previously announced workforce reductions, as part of efforts to turn around its business, Kyodo News reported on Tuesday, citing company sources. The reduction of the automaker's workforce, including early retirement options, is expected to be announced on Thursday, Kyodo https://english.kyodonews.net/news/2019/07/c7a1bfc8f602-update1-nissan-to-cut-over-10000-jobs-globally-sources.html said.

Reuters July 24, 2019 06:05:24 IST
Nissan plans to cut over 10,000 jobs globally - Kyodo

Nissan plans to cut over 10000 jobs globally  Kyodo

(Reuters) - Nissan Motor Co Ltd <7201.T> is planning to cut more than 10,000 jobs globally, in addition to previously announced workforce reductions, as part of efforts to turn around its business, Kyodo News reported on Tuesday, citing company sources.

The reduction of the automaker's workforce, including early retirement options, is expected to be announced on Thursday, Kyodo https://english.kyodonews.net/news/2019/07/c7a1bfc8f602-update1-nissan-to-cut-over-10000-jobs-globally-sources.html said.

Nissan's planned job cuts include the 4,800 global jobs it had announced earlier, Kyodo said.

Nissan said it had no comment on the report.

(Reporting by Rishika Chatterjee in Bengaluru, Naomi Tajitsu in Tokyo; Editing by Jacqueline Wong)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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