by Mac Slavo | Jul 25, 2019 | Headline News
Nissan has announced that the company will layoff 12,500 people globally after their profits plunged 98.5%. The Japanese carmaker will cut production capacity by around 10% by the end of 2022 as sales fell in a number of its major markets. These layoffs will account...
by Contributing Author | May 27, 2019 | Headline News
This article was originally published by Tyler Durden at ZeroHedge. Automakers can’t help but acknowledge the global recession in their industry after a decade of growth. As a result, they are slashing payroll across the board, according to Bloomberg. Countries like...