Nissan to cut 20,000 jobs as Trump's tariffs complicate plans to escape its financial crisis

Nissan has announced another round of brutal cost-cutting as Trump's tariffs threaten to derail attempts to turn the struggling carmaker around. The beleaguered Japanese giant said on Tuesday it would cut 20,000 jobs and cut its production facilities from 17 to 10 by 2027 as it slipped deeper into crisis. The job losses include the 9,000 layoffs announced late last year as part of a turnaround plan to improve the automaker's dire financial position. The Japanese firm, which counts the US as one of its most ...