Nissan is taking drastic action to stay afloat, announcing plans to cut 20,000 jobs globally as part of its sweeping ...

STORY: Japan’s struggling Nissan has started offering buyouts to U.S. workers and suspended merit-based global pay rises.

Nissan offers buyouts to U.S. workers as part of a larger ... The company is also targeting a 20% reduction in the average cost per worker, while slashing parts complexity by 70% and reducing ...

Nissan saw its profit almost wiped out in the financial year just ended. Operating profit totaled 69.8 billion yen ($472 million) in the 12 months to March, a decline of 88% from the previous year.

The Tennessee Department of Labor and Workforce Development said it has not received a WARN notice for Nissan. A WARN notice, Worker Adjustment and Retraining Notification Act, requires employers ...

It offered buyouts to Canton workers after launching a job-cut plan in November and has now followed that up with another round. Analysts attributed Nissan's troubles to factors including an ...