Nissan to cut jobs at HQ in France in $3.4 bn global restructuring
Nissan is in talks with unions over possible job cuts at its European HQ in France, part of CEO Ivan Espinosa's $3.4B global overhaul, reports said. The plan includes 15% workforce cuts, 30% production reduction, and seven plant closures. Retail sentiment on Stocktwits was 'bullish' despite a 25.8% YTD drop in US-listed shares.