NHK: Nissan job cuts could now exceed 20,000

Nissan Motor is set to cut over 10,000 additional jobs globally, bringing total layoffs to approximately 20,000 or 15% of its workforce, according to a report by Japanese public broadcaster NHK. The development comes just a few days before the automaker prepares to announce a record net loss of up to JP¥750bn (US$5.1bn) for the fiscal year ending March 2025.