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12.05.2025 19:02
Struggling Nissan plans to slash 20,000 jobs globally Struggling Japanese automaker Nissan Motor Co. plans to cut around 20,000 jobs globally, more than 10,000 above the reduction announced last fall, as it deems deeper action is needed to turn its business around, a source familiar with the matter said Monday. The job cuts under the new plan represent about 15 percent of Nissan's total workforce. The company is set to report its earnings for the fiscal year ended March on Tuesday, with attention focused on the impact of U.S. President Donald Trump's higher auto tariffs. Read full story here

12.05.2025 19:59
Sharp to sell symbolic LCD plant to parent company Foxconn Japanese electronics firm Sharp Corp. said Monday it will sell a liquid crystal display panel plant in central Japan, once viewed as a symbol of the company's strong position in the TV market, to its Taiwanese parent company, Foxconn. The company will sell the second plant at its LCD production site in Kameyama, Mie Prefecture, where it currently makes LCD screens for smartphones and personal computers. Read full story here

12.05.2025 20:37