Nissan Lowers Forecast and Reveals Restructuring Plan Involving 9,000 Job Reductions

Nissan Motor Co. has recently revised its annual profit outlook downward while announcing plans to eliminate thousands of jobs globally in response to declining sales in key markets. The Japanese automaker now projects an operating income of ¥150 billion (approximately $975 million) for the fiscal year ending in March 2025, significantly lowered from an earlier...