Nissan to cut 20,000 jobs as carmaker reports €4 billion annual net loss

Issues are going from dangerous to worse for Nissan. Combating weak gross sales and an ageing lineup, the Japanese carmaker has introduced a sweeping restructuring plan, aiming to save lots of €3 billion in prices. It plans to chop 15 p.c of its world workforce and shut seven of its 17 vegetation worldwide.  Plus, Samsung has launched its newest mannequin of Galaxy S that’s lower than 6mm thick. The Korean tech agency accelerated its launch schedule as Donald Trump’s tariffs have been threatening to impression shopper spending. 



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