
Things aren’t looking too good for Japanese carmaker Nissan these days, as bad news begins to emerge.
According to NHK, Nissan intends to eliminate 15% of its job lots very soon. That’s about 10,000 people losing their jobs across the globe. Add to this the 9,000 jobs cut last November, and we’re talking about almost 20,000 jobs lost in the space of a few months.
In addition, 7 of Nissan’s 17 facilities will disappear by 2027.
Steps were taken to form a partnership with Honda in 2024, with the aim of helping each other create a joint product, but all that fizzled out last winter, leaving Nissan’s prospects in limbo.
Nissan to cut 20,000 jobs as Trump’s tariffs complicate plans to escape its financial crisis https://t.co/4yDqk53rfN
— Business Insider (@BusinessInsider) May 13, 2025
In short, Nissan would definitely like to catch up with its competitors when it comes to electric, but let’s just say that this problematic situation is delaying the process.
How global are the world’s top 10 best-selling car brands in 2024?
The chart confirms that Toyota is a brand that is available in every single market on earth thanks to a big lineup that includes 81 different models. #automotive #carsales #carstats #toyota #ford #honda #nissan pic.twitter.com/SD3a5xirb7— Car Industry Analysis (@lovecarindustry) May 12, 2025
Will this be enough to save them from a full-blown meltdown? Time will tell…
But in the meantime, thousands of people are suffering the consequences…