Story perspectives

Nissan Cuts 20,000 Jobs Amid Major Restructuring Efforts

5/15/2025

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Summary

Story summary

Nissan will eliminate 11,000 jobs and shut down seven factories due to declining sales, following 9,000 layoffs announced in November.
Total job cuts will reach 20,000, representing 15% of its workforce, as production consolidates from 17 to 10 plants by FY2027.
The company aims to save 500 billion yen ($3.4 billion) and regain profitability by FY2026 amid market challenges.
Leadership changes and restructuring efforts stem from a failed merger with Honda.

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Story summary

Nissan will eliminate 11,000 jobs and shut down seven factories due to declining sales, following 9,000 layoffs announced in November.
Total job cuts will reach 20,000, representing 15% of its workforce, as production consolidates from 17 to 10 plants by FY2027.
The company aims to save 500 billion yen ($3.4 billion) and regain profitability by FY2026 amid market challenges.
Leadership changes and restructuring efforts stem from a failed merger with Honda.