<ul><li>Nissan plans to cut around 20,000 jobs worldwide as part of its turnaround plan under its new CEO, Ivan Espinosa.</li><li>Most of the job cuts will happen in Japan and other global markets, adding to the previously planned 9,000 cuts.</li><li>Nissan aims to achieve profitability at a global sales volume of 3.5 million units by cutting production output and reducing costs.</li><li>The automaker has also canceled plans for a new electric vehicle battery factory in Japan as part of its cost-cutting measures.</li></ul>

Nissan Eying Up to 20,000 Global Job Cuts In Turnaround Effort

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