- Nissan Motor said it would slash 9,000 jobs and cut global production capacity by a fifth, while revising its annual profit outlook sharply lower.
- The automaker is battling headwinds in China and the United States.
- The company cut its annual operating profit forecast by 70% to 150 billion yen ($975 million), marking its second downward revision after a 17% cut earlier this year.
https://www.cnbc.com/2024/11/07/nissan-plans-9000-job-cuts-slashes-annual-profit-outlook-.html