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Insideevs

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Nissan's Hard Times Ain't Over Yet

  • Nissan is set to cut another 10,000 jobs, bringing the total job cuts to nearly 20,000, around 15% of the company's workforce.
  • The company has been facing financial struggles, with lost revenue and challenges in the electric vehicle and software markets.
  • Nissan is exploring partnerships to navigate through tough times, with discussions ongoing with companies like Honda and Foxconn for potential collaborations.
  • Executives acknowledge the tough road ahead to drive up sales and profits while controlling costs and planning for an uncertain future.

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