TOKYO, Nov 08 (News On Japan) –
Nissan Motor Co. has introduced it’s going to lower 9,000 jobs globally in response to declining enterprise efficiency.
In its interim earnings report for the April-September interval, Nissan reported a 90.2% drop in working revenue to 32.9 billion yen in comparison with the identical interval final yr, whereas internet revenue, reflecting remaining earnings, plummeted by 93.5% to 19.2 billion yen.
The decline in efficiency was attributed to a hunch in gross sales in North America and China, amongst different components.
In gentle of the worsening enterprise situations, Nissan acknowledged it’s going to cut back its workforce by 9,000 worldwide and lower manufacturing capability by 20%.
Additionally, President Uchida has introduced he’ll forfeit half of his wage from this month onwards, not less than quickly.
Source: ANN