In response to global economic pressures, technological advancements, and cost-saving measures, Japanese auto giant Nissan has announced plans to lay off approximately 9,000 employees worldwide. According to a BBC report, this decision follows a significant drop in sales in both China and the United States, leading Nissan to scale back production.
The company recently revised its earnings forecast for the second time this year, projecting a 70% drop in operating profit compared to previous estimates. This latest wave of layoffs reflects Nissan’s efforts to manage expenses amid a challenging economic landscape.
