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Nissan's auto business is ruined, plans to lay off more than 20,000 people worldwide

2020-05-23T01:41:01.560Z

According to the Japanese media Kyodo News, Nissan intends to lay off more than 20,000 people globally, mainly in Europe and emerging market countries. It is reported that Nissan's automobile operation has been severely restricted due to the reduction in demand due to the spread of the new crown epidemic.



Financial News

Written by: Kuang Yueting

2020-05-23 09:30

Last update date: 2020-05-23 09:30

According to the Japanese media Kyodo News, Nissan intends to lay off more than 20,000 people globally, mainly in Europe and emerging market countries.

According to reports, the spread of the New Crown epidemic has led to a decrease in demand, and Nissan's auto business has fallen into a severe situation. It is also considering restructuring its domestic base. Nissan will release a mid-term transformation plan next Thursday.

Last week, there was a foreign news report that Nissan plans to reduce the fixed cost of 2.8 billion US dollars and include it in restructuring expenses.

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Nissan

Source: hk1

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