Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half – The New York Times

In a move to cut costs, Nissan has announced a plan to eliminate 9,000 jobs and reduce the salary of its CEO by half. This decision comes as the company faces financial challenges and looks to improve its bottom line. By reducing its workforce and cutting executive pay, Nissan hopes to streamline operations and increase profitability. The changes are expected to have a significant impact on the company’s overall financial health.