Nissan bets on turnaround plan after large loss

The Japanese giant will make cost savings of ¥500bn and reduce its workforce by 20,000, and its number of plants from 17 to 10 by FY 2027, after a net loss of ¥670.9bn in FY 2024.
May 13, 2025

After a tough fiscal year, on May 13, Japanese giant Nissan unveiled Re:Nissan, a plan for total cost savings of ¥500 billion ($3.38 billion) compared with fiscal year (FY) 2024.

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