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Nissan CEO Says Cost Cutting Measures Are Enough

DeFi Daily News by DeFi Daily News
May 15, 2025
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Nissan Motor CEO Ivan Espinosa says the company’s restructuring plan is solid and its manufacturing footprint gives it the flexibility to adjust to tariff uncertainty. The Japanese carmaker announced it is closing factories and cutting 20,000 jobs in a bid to stem mounting losses as it posted its worst financial results in 25 years. Espinosa sat down with Bloomberg’s Shery Ahn at Nissan’s headquarters in Yokohama.
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Tags: autosBloombergBloomberg TVCEOCostcuttingIvan EspinosamanufacturingMeasuresNissanNissan Motor Co. Ltd.Shery Ahntariffstrade war
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