×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Struggling Nissan to cut 10,000 more jobs

This file photo taken on July 28, 2020, shows a staff member walking off stage at the end of a presentation in the showroom at Nissan's global headquarters in Yokohama. (Photo by Philip FONG / AFP)

Nissan plans to cut 10,000 more jobs worldwide, Japanese media reported on Monday, a day before the struggling carmaker was expected to report a record annual loss of around $5 billion.

Public broadcaster NHK said the decision, in addition to a November announcement that it would slash 9,000 positions, means Nissan is now aiming to reduce its total workforce by approximately 15 percent.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in