Nissan unveils drastic streamlining plan

Nissan unveils drastic streamlining plan

Nissan Motor Co. CEO Ivan Espinosa attends a press conference in Yokohama on May 13, 2025, announcing a drastic restructuring package including closure of seven vehicle plants and a cut of 20,000 jobs globally as the company logged a massive net loss for fiscal 2024.

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  • ILEA004407696
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  • Kyodo / Kyodo News Images
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  • 2025 Kyodo News
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