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Nissan lays off 9,000 people and retains executives

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image text translation

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[Profit 90% reduction
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Nassan Motors President Makoto Uchida holding a press conference (photo joint communication)
On July 7, Netsan Motors announced interim financial statements for the September 2024 fiscal year.
It’s a symbol.
[In photo] Carlos Soon going out with his wife after bail
“According to the announcement, sales were 5.9842 trillion yen, up from the same period last year.
It is finished with a review of 1.39, but the business shows the money from the book business.
Profits decreased by 90.2% to 32.9 billion yen from 336.7 billion yen the previous year. 6th day
Toyota Motor Corp., which has made a living, recorded an operating profit of 2.4642 trillion yen.
Although it decreased by 3.7%, Netsan’s actual performance was over 2 trillion yen for two consecutive years.
No recession has ever compared. (Automotive Journalist) Continental
The reason for the profit is poor sales of flagship products in the US market and China.
It is being analyzed as a failure in the decline of EVs in the market. “Makoto Uchida
“Hybrid automatic
The demand for plug-in hybrid vehicles is growing rapidly.
And our company, which currently does not have such a lineup, is struggling.
He said, “We are aiming for this year.” Regarding the Chinese market, he said, “In the past

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“(Dong) On this day, Netsan is seeking to stabilize performance and establish an appropriate framework.
To this end, production capacity was cut by 20% and 9,000 employees were laid off globally.
and announced a rationalization plan. From November onwards, I will be responsible for the management of executive compensation.
It is also revealed that 50% of the items are frequently returned.
This is SNSOI
[According to a securities report,
Mr. Uchida’s total compensation in 2023 amounts to 657 million won.
Even if I return half of this, I will get 328.5 million won.
C: Other executives also return it frequently, but more than 700 million yen
There are six executives who are receiving compensation, including Uchida.
Total 2.758 billion yen. 10,000 yen is paid as executive compensation: Uchi
President Da received the enemy’s dick after Kaplos Soon left 2020
in
[Nassan Text]
We announce a new restructuring plan called
However, it ultimately failed: because of that, including the executives;
There are also growing voices calling for everyone to resign.]

Ultimately, it was decided to lay off 9,000 people and reduce production lines.

Meanwhile, employees are angry when it is revealed that the CEO who kicked out Carlo Ghosn’s annual salary is 320 million yen (a 50% reduction from last year’s 640 million yen).

=> That guy, the company is in such bad shape, why is he keeping his position?

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