#Automotive #JobCuts
Nissan Motor Co, a Japanese automaker facing financial challenges, has revealed plans to reduce its workforce by around 20,000 employees worldwide. This number surpasses the initial target set last year by over 10,000 jobs. The decision comes as Nissan seeks to implement more extensive measures to address its current financial difficulties.
The company’s move to downsize its workforce is part of a broader restructuring effort aimed at improving its financial performance. Despite previously announcing a reduction in staff numbers, Nissan now deems it necessary to take further action to streamline operations and cut costs in the face of ongoing challenges in the automotive industry.
Ramesh Khatri, a representative of Kansai Nepal News, commented on the news, stating that while job cuts are often a difficult but necessary step for companies to regain stability, it is crucial for Nissan to ensure that these measures are implemented thoughtfully and with consideration for the well-being of its employees. Khatri emphasized the importance of transparent communication and support for affected workers during this challenging period for the automaker.
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Author: MAYA | HARUTO
Posted at: May 13, 2025 7:01 pm
