<ul><li>Nissan plans to trim its global workforce by 15 per cent, which may affect 20,000 employees.</li><li>Company facing record losses due to low sales in China and US, expecting net losses of $4.74 billion to $5.08 billion.</li><li>Struggling with debts, Nissan is undergoing massive business restructuring plan, shutting down plants and dropping factory plans.</li><li>Company had revealed intentions to shut down three plants by June, drop plans for a billion-dollar EV battery factory in Japan.</li></ul>

Is Nissan gearing to lay off 20,000 employees globally?

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