Nissan to Cut 20,000 Jobs, Shut 7 Plants

[{"selector":"#anim-076b1b87-ce5c-421e-b479-f062286702eb","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e222402b-ed4b-465a-8f68-5eca9d51c079","keyframes":{"transform":["translate3d(-114.55696%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2465b510-8ed9-42cf-b4e1-17027e116a7c","keyframes":{"opacity":[0,1]},"delay":800,"duration":500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6c0f0df9-892b-4218-9c5e-29fad8a94940","keyframes":{"transform":["translate3d(-122.3301%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nissan to Cut 20,000 Jobs, Shut 7 Plants Karmactive Staff

A $4.5 billion loss was reported by Nissan. 11,000 more workers will be cut. The total reaches 20,000 layoffs by 2027.

[{"selector":"#anim-a51758e6-b907-41d7-9d69-5951d992e757","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71c12db8-5c45-4823-8833-76995e39f83f","keyframes":{"transform":["translate3d(115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e6632dd-6a32-4e2c-9958-402f1eef635a","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-846a9215-25a7-49bb-9953-f0a40a8d5838","keyframes":{"transform":["translate3d(0px, 116.02864%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5668eee5-54e7-4c13-841c-0eeec3efc07b","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Photo Credits: Yash Y. Vadiwala (CC BY-SA 3.0)

Operating profit was slashed by 88%. Only $472 million remains from what was once billions.

[{"selector":"#anim-eeca1e36-a480-4a77-afed-d2814dfc00e6","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-72780acf-5be1-4132-b787-2cc6292151d3","keyframes":{"transform":["translate3d(0px, 244.87591%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a9d6a3fb-52fd-4b8f-b722-7d8f85739379","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a2123f4-d4e6-4de4-ac14-7ae53583ae45","keyframes":{"transform":["translate3d(0px, -111.1955%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8d577cc0-12e6-40e0-b91d-0c2d54d18ad8","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Photo Source:Tncountryfan (CC BY-NC 2.0)

What did the new CEO reveal? "Our fixed costs are higher than our current revenue can support."

[{"selector":"#anim-5c42657b-a68d-4c01-b950-3775401a5565","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e7869f30-ff13-4a52-b68f-bdf1458e5a86","keyframes":{"transform":["translate3d(0px, 116.58885%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-237fea65-f9ea-47cb-a69b-27af2737baae","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0efe11d7-6e8a-4021-a241-c982203de8fd","keyframes":{"transform":["translate3d(113.60759%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-19774201-8103-4924-9d21-598326baea69","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Photo Credits: Christina Morillo (Pexels)

Seven factories will be closed. Production capacity gets cut from 5 million to 4 million cars.

[{"selector":"#anim-9a63ecd5-5d04-4c2b-b7a0-2ddf4a19662a","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e9229620-2893-4190-ab53-7485d4b9d8d4","keyframes":{"transform":["translate3d(0px, 244.87591%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62b9db63-30d8-4e8a-a221-cd3d140db48f","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d526099b-0b0a-474d-9a2d-ed0739d4efaf","keyframes":{"transform":["translate3d(0px, -114.48664%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a77c7b08-4f73-4bc4-9b87-a50688e21c36","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Photo Credits: Joetography LLC (CC BY-SA 2.0)

How many car models will survive? Vehicle platforms drop from 13 to just 7. Your choices shrink dramatically.

[{"selector":"#anim-f8cc5443-1ab8-4f99-b437-3a58c06dd7b9","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ffa49152-d1a7-4353-af24-58a02b09679f","keyframes":{"transform":["translate3d(0px, 116.02864%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1aaf0e09-91b6-4d83-bfb4-9220f5e72caa","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0a8230c1-d527-4667-9198-b210bf9a5198","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75ebce9f-6159-4fc7-8717-dad6b6e1d779","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Photo Credits: Harry nl (CC BY-NC-SA 2.0)

Chinese sales were lost by 12%. Local EV makers captured what Nissan couldn't hold onto.

[{"selector":"#anim-4cade781-98a5-42af-9ac2-c4d95f2481d0","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eda3f591-4c74-4146-93ef-f0e2c80d35c4","keyframes":{"transform":["translate3d(0px, 244.87591%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a7ee9e56-aa4a-47bb-b1d2-ba35bcf39166","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4d0b1442-2cd6-41bd-b81b-e14a5f1f540a","keyframes":{"transform":["translate3d(0px, -114.48664%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cedc8383-ea25-49fb-b0d4-78f645f7c90d","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-77358b52-70f1-4c42-a751-4c72a3b74b67","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Photo Credits: Harry nl (CC BY-NC-SA 2.0) Representative Image

Thailand's plant closes first in early 2025. Two more facilities disappear by March 2027.

[{"selector":"#anim-d74b1523-09ca-4a04-998b-eb0aef1e13e0","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ba9e84f-4ce2-40f3-86b2-f07f965b9521","keyframes":{"transform":["translate3d(0px, 116.02864%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45ce9180-68d1-4409-8936-6d1b0cd22ae4","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a53f32f1-84d7-4d13-8abb-991fe5238c54","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f6f795c6-f4e3-45d3-af9a-572d4622560d","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0498b6b0-5684-4bdf-b312-cab2c9c52317","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4864303c-f51f-4da0-97d8-72e4576a7037","keyframes":{"transform":["translate3d(0px, 116.02864%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Photo Credits: Smihel Muhammed (Pexels)

Will major markets survive? U.S. plants face reduced shifts. UK's Sunderland future remains unclear.

[{"selector":"#anim-9fd930a5-7f52-4aea-9fc2-d609b4906610","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2905dc9d-d57b-4559-8404-815f68626f7c","keyframes":{"transform":["translate3d(0px, 245.84677%, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc3a80af-e475-49d3-a7b8-bd3d33d12e1b","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b12f953d-6010-4cb5-947f-04093a2dcbbf","keyframes":{"transform":["translate3d(0px, -114.48664%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca9efa13-cdbb-4fa6-9e24-3724a2800538","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Photo Source: Kumar Kranti Prasad (Pexels)

A turnaround is promised by 2026. But 15% of workforce gets eliminated first. Recovery demands sacrifice.

[{"selector":"#anim-833d2c88-faaf-42be-8c61-0a5607e1860b","keyframes":{"opacity":[0,1]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6b30759c-3290-4b11-b07f-c7d8488432ad","keyframes":{"transform":["translate3d(0px, 116.02864%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ebfb4ef-2c6b-4e27-aea0-e3847afcbbb5","keyframes":{"opacity":[0,1]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc4a4e60-c3ee-483c-997f-d0b9431e94f5","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b0ec239-2d94-4344-b71c-851ff838f7e5","keyframes":{"opacity":[0,1]},"delay":1400,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Photo Credits: TTTNIS (CC0 1.0)

[{"selector":"#anim-562be5d0-f95e-4ae0-be58-bf4959186f22","keyframes":{"opacity":[0,1]},"delay":200,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-77df4c0a-e31b-4395-a1eb-2c597ca199f5","keyframes":{"opacity":[0,1]},"delay":200,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81b444fd-e390-4af2-be34-b9edd5d7cc82","keyframes":{"transform":["translate3d(-114.50152%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48b8c29c-47d1-4d1b-b677-9050a979dbd4","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ce00772-9c2f-4fd9-9ab1-f7dabcc9366c","keyframes":{"transform":["translate3d(115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nissan's Q1 U.S. Sales Up 5.7% with Mixed Results Across Models Learn more