Nissan Motor Co., Ltd. to Temporarily Halt Operations at Select Japanese Plants

In a bold move to streamline its business model, Nissan Motor Co., Ltd. has decided to temporarily suspend operations at certain factories in Japan. This decision, as reported by Nikkei on Tuesday, is part of a broader strategy to address overproduction and operational inefficiencies.

Uncertain Future for Affected Factories

The specifics of the suspension remain unclear, with discussions ongoing about whether these measures will lead to permanent closures. This development comes at a challenging time for the automaker, which is also reportedly considering significant workforce reductions.

Potential Layoffs Loom

Earlier reports suggested that Nissan might be planning to cut more than 20,000 jobs globally, a move that underscores the severity of the company's current predicament and its commitment to turning its fortunes around.