Nissan Slashes 9,000 Jobs As Profits Drop 93% In Struggling North American Market
Japanese automaker Nissan announced on Thursday that it would cut 9,000 jobs as part of urgent measures to address “a severe situation,” alongside lowering its annual sales forecast. The company reported a steep 93 percent drop in net profit for the first half, with CEO Makoto Uchida attributing much of the decline to weak sales … Read more