Nissan execs sound the alarm on an increasingly dire situation

The Japanese automaker is adjusting to new realities.

Nov 28, 2024 - 07:30
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Nissan execs sound the alarm on an increasingly dire situation

After posting net losses earlier this month, Nissan CEO Makoto Uchida said the "extremely not easy situation" will force some bold restructuring moves.

To boot to downgrades to its full-year sales and operating outlooks, it got down to save $three billion by drastically cutting back its Mitsubishi share and cutting 9,000 from its global headcount of over 133,000 employees.

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