As part of a sweeping response to its first net loss since President and Chief Executive Carlos Ghosn took over in 1999, today Nissan Motor Company announced that it will cut 20,000 jobs across the globe, seek assistance offered by the Japanese and American governments, cut back model introductions for the next few years, and move production of one of their vehicles out of Japan. While no plant closings are imminent, almost half of the job cuts planned by March 2010 will be outside of Japan, many of them in the already-struggling United States.
Nissan plans operations overhaul, but won't cut EV program
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