<ul><li>Nissan is planning to cut around 20,000 jobs, which is more than double the initially announced figure of 9,000 job cuts.</li><li>The announcement of increased layoffs could come soon as Nissan is set to present its fiscal year 2024 results.</li><li>The carmaker issued a revised outlook for FY2024, expecting a significant net loss due to major asset impairment and restructuring costs.</li><li>Despite selling cars with an increase of 5.4% in US sales, Nissan continues to face financial challenges and relies on profit-stealing incentives to maintain sales growth.</li></ul>

Nissan Could Cut Way More Jobs Than Previously Planned

Discover more