Nissan in serious Trouble

[Mr Bump]

Nissan to cut 11,000 more jobs and shut seven factories

The planned layoffs mean the Japanese carmaker has now cut about 15% of its workforce in the past year.

www.bbc.co.uk

bumping along the bottom

 

[Mr Bump]

Nissan announced last year thousands of job cuts after reporting a 93 percent plunge in first-half net profit, and it expects to post a loss of over $500 million for 2024