Nissan Unveils Recovery Plan, Cuts 20,000 Jobs Worldwide Nissan Motor Co. announced a major restructuring effort on Tuesday as the Japanese automaker revealed its financial results for fiscal year 2024.

Nissan, Japan’s third-largest automaker, just announced that they’ll be cutting even more jobs. Nearly all of them plan to shrink their manufacturing footprint as part of overall companywide cost-saving measures.

Nissan is experiencing a perfect storm of issues causing the automaker to struggle with sales and operating profit. So how (if at all) does this affect Tennesseans? What we know.