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Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half

The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales. Read More
Nissan Is Cutting 9,000 Jobs—And Slashing Its CEO's Pay in Half - MSN

Makoto Uchida, Nissan's CEO, told reporters that he is taking the situation "very seriously," according to the AP —and cutting his salary in half. Read More
Nissan is slashing 9,000 jobs after a dire financial performance - MSN

Nissan is cutting 9,000 jobs globally to reduce costs, the company said Thursday. Sales fell to 1.6 million units due to higher costs, especially in the US. Nissan will cut production capacity by ... Read More
Sweden’s Volvo Cars to cut 3,000 jobs as part of major cost-cutting ...

Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China's Geely Holding ... Read More
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