A company spokesperson said the move is not related to any possible tariffs that President-elect Donald Trump might impose. Trump had threatened to impose tariffs of 25% to 100% on imports from Mexico ...
Good morning! It’s Thursday, November 14, and this is The Morning Shift, your daily roundup of the top automotive headlines ...
Nissan shares surged nearly 13% after hedge fund Effissimo Capital acquired a 2.5% stake, boosting confidence despite ...
The high cost of living and continuous job cuts, carried out in large part through sellout contracts brokered by the Biden ...
CEO Makoto Uchida announced the company's restructuring plan, which involved tough and painful decisions. The automotive ...
Nissan plans to lay off 9,000 workers globally and cut production by 20% to counter declining sales in China and the U.S., ...
This reveal comes after Nissan unveiled measures including 9,000 job cuts and the second annual profit downgrade of the year. Published first on TheFly – the ultimate source for real-time, ...
For a second time, Nissan has reduced its operating profit forecast for the ... It remains unclear whether the job cuts will ...
Japanese automaker Nissan has announced a major restructuring, including a global reduction of 9,000 jobs, as it grapples ...
CVS Health Corp. faces continued challenges in its insurance business, prompting the company to shake up its management ranks in a bid to get back on track. Shares of the pharmacy and healthcare ...
But they said the stronger-than-expected job growth this month suggested the Federal Reserve would make smaller rate cuts in the future. "They can move at a more measured pace," Ms Vanden Houten said.
The Japanese automaker is making deep cuts to navigate a steep decline in global sales, with layoffs, reduced production, and ...