Nissan Slashes 15 Percent of Its Global Work Force as the Japan Automaker Sinks Into Losses

TOKYO—Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping vehicle sales in China and other nations, and towering restructuring costs. Nissan Motor Corp. said it will reduce the number of its auto plants […]