Nissan plans to cut an additional 10,000 jobs worldwide

Forecasts pointed to the Japanese factory posting a record annual financial loss for the 2024-2025 fiscal year.

Nissan plans to lay off a total of 19,000 employeesAFP.

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12 de mayo, 2025

(AFP) Nissan plans to cut an additional 10,000 jobs worldwide, Japanese media reported Monday, after the struggling factory announced in November it was cutting 9,000 positions.

Public broadcaster NHK explained that the decision to cut 19,000 jobs would reduce Nissan's total workforce by about 15%, without giving further details.

The group declined to comment on this information, which was also published by the Nikkei business daily.

Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024. - Japanese car manufacturers Honda, Nissan and Mitsubishi Motors have signed a memorandum of understanding concerning a strategic partnership in the electric sector in the face of their common challenges in this area, the three groups announced on August 1. (Photo by Richard A. Brooks / AFP)

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This information is announced on the eve of the release of the group's financial results for its fiscal year 2024-25, which ended at the end of March.

The Japanese auto giant is expected to announce on Tuesday a record annual loss, which according to its forecasts could amount to $5.1 billion amid a painful restructuring, weakening the manufacturer after the failure of its merger with Honda and in the face of U.S. tariffs.

The group had already warned on April 24 that it anticipated an unprecedented net loss "of between 700 billion yen and 750 billion yen ($4.9 billion-$5.3 billion) for fiscal 2024."