Nissan cuts 9,000 jobs globally and slashes profit forecast

Hit by worsening U.S., China markets, automaker sells 10% Mitsubishi Motor stake

20241107 Nissan factory in in Smyrna, Tennessee, U.S.

Nissan is cutting 9,000 jobs globally as it faces deteriorating markets in the U.S. and China. © Reuters

YUICHI SHIGA, Nikkei staff writer

TOKYO -- Nissan Motor on Thursday announced it would cut 9,000 jobs globally and slashed its profit forecast, as it faced a sharp deterioration in key U.S. and Chinese markets.

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