Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 billion in costs globally.

Nissan Motor is slashing production at its U.S. plants and offering buyouts to factory workers there as part of the Japanese automaker’s urgent efforts to return to profitability

Nissan Motor (OTCPK:NSANY) announced production and shift cuts in the U.S. as part of its strategy to push back costs amid sluggish sales. The Yokohama-based automaker is offering buyouts to workers.

In a bid to cut US$2.6 billion (RM11.5 billion) in global costs, Nissan is offering buyouts to workers and cutting back shifts at its Smyrna, Tennessee, and Canton, Mississippi vehicle assembly plants,

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As Nissan CEO Makoto Uchida said during a November investor’s meeting, the company needs to get back on “the growth track," and for the troubled automaker, that means cuts. But decreasing global production capacity 20% and slashing at least 9,000 jobs ...

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Nissan Motor Co. is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to align its output with lower sales volumes as it mulls a possible sale to Honda Motor Co.

Japanese automaker Nissan is slimming down its production in the U.S. and offering buyouts to workers in a push to cut jobs after reporting losses during the last quarter. Nissan is offering voluntary separation packages to employees at assembly plants in Smyrna,