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Nissan Aims to Cut 20,000 Jobs and Reduce Vehicle Plants to 10 by Fiscal Year 2027
2025-05-13 /
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Author：小编
On May 13, Nissan Motor unveiled a sweeping restructuring strategy designed to trim JPY 500 billion in fixed and variable costs starting from fiscal year 2024. The objective is to achieve a positive operating profit and free cash flow for its automotive business by fiscal year 2026. This comprehensive plan encompasses several key initiatives, including:
- Reducing the number of vehicle production plants from 17 to 10.
- Streamlining powertrain manufacturing facilities.
- Implementing workforce reforms, shift adjustments, and capital expenditure reductions, such as scrapping the construction plans for a lithium iron phosphate battery plant in Kyushu.
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