The plans include job cuts affecting about 20,000 people ... cuts that Nissan CEO Ivan Espinosa said during his announcement of the Re:Nissan plan last week. “It is a very, very painful and ...

The majority of the job cuts will affect office-based positions in Sweden. Volvo Cars said the decision would help to build a stronger and more resilient company down the line.

The company has promised lots of future Nissan and Inifiniti models and refreshes to its current model, like the popular ...

Further job cuts are planned, according to an announcement made in November 2024, when Nissan said the workforce would be reduced by 9,000 employees. The remaining 2,500 layoffs will come from ...

Confirmed for arrival in 2026, the first of two new SUVs will be based on existing Renault products assembled at Chennai Plant, now wholly owned by the French brand. The first of two new Renault ...

The year 2025 has turned out to be a difficult period for employees across many industries. The first half of the year has seen large-scale job losses across technology, retail, finance, manufacturing ...

Nissan Motor Co. has said job cuts it announced as part of a broader restructuring at the company could cost an additional ¥60 billion ($418 million) this fiscal year. The estimate on expense ...

CEO Ivan Espinosa announced a new round of cost cuts this ... launching a job-cut plan in November and has now followed that up with another round. Analysts attributed Nissan's troubles ...