The Japanese carmaker is embarking on a turnaround plan that includes cutting global production capacity by a fifth.

Nissan Motor Corp.'s global workforce reduction was equal to about 6 percent of its payroll of 133,000 employees. The company ...

Nissan's chief executive acknowledged the company didn’t respond quickly or flexibly enough to global changes, including ...

Nissan’s job cuts to affect 9,000 employees and CEO Makoto Uchida is also expected to forfeit half of his pay starting this ...

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle "a severe situation".

Nissan’s CEO is forfeiting 50% of his monthly compensation as the company works to turnaround its performance.

Nissan’s struggle to cope with tougher car industry conditions and address weaknesses within its business has spiraled.

Nissan is in full-scale emergency mode to save itself: the automaker is cutting 9,000 jobs, slashing production capacity, and selling off its stake in Mitsubishi Motors.

Uchida declined to give any details about the timing or location of the job and production cuts. Nissan is also selling up to ...

Nissan Motor announced a $2.6 billion cost saving plan on Thursday, including 9,000 job cuts and a 20% reduction in global production capacity as it battles falling sales in China and the United ...

Asian shares have advanced after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on ...