Nissan is getting ready to slash 10,000 jobs around the world, according to reports from Japan.
The plan includes the 4800 job losses announced in May and will be focused on lower-volume factories outside of Japan, according to the Japan Times. If the reports are true, losing 10,000 jobs would represent more than 7.0 per cent of the company's workforce.
Nissan is expected to announce the cuts alongside its earnings today, although a spokesperson for the company refused to comment.
Behind the planned cuts? Global political unrest and the cost of developing autonomous and electric technology, along with slumping sales in Europe, Asia and North America.
Nissan is sitting on 25,350 sales year-to-date in Australia, down 14.7 per cent on 2018. The only passenger car it offers is the $49,990 before on-road costs Leaf, with the brand instead focusing on SUVs and the Navara.