European markets opened higher on Friday while Asian shares ended mixed after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy.

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

Nissan has said it will lay off thousands of workers as it slashes global production to tackle a drop in sales in China and ...

Standing in a makeshift salon on the side of a dusty backstreet in Democratic Republic of Congo capital Kinshasa Papy Kalume ...

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

The UAW bureaucracy is collaborating with Stellantis to eliminate a shift at the giant plant in northwestern Ohio.

The job cuts he announced amount to about 7% of Nissan’s workforce. --With assistance from Craig Trudell. (Updates with Friday share prices in the second paragraph.) ...

The Yokohama-based company is planning to cut 9,000 jobs, equivalent to 6.7% of its 133,580 global employees. Uchida declined ...

Nissan expects some of the job cuts to come in the form of voluntary separation programs like buyouts. The company says it’s still going to build the 30 new or updated models included in its Arc plan ...

To achieve this, Nissan said it will cut global production capacity by 20% and reduce its global workforce by 9,000. It ...