Nissan Motor Co. plans to cut more than 10,000 jobs globally as part of efforts to turn around its business, company sources said Tuesday.
Nissan's group net profit hit a nine-year low in the year through March, hit by weak sales of its cars in the U.S. market, and the Japanese automaker has projected it will nearly be halved in fiscal 2019.
Nissan's planned additional job cut comes after it said in May it will reduce its global workforce by 4,800.
The additional reduction in workforce, including through early retirement options, is expected to be announced by the Yokohama-headquartered automaker on Thursday, when it releases earnings figures for the April to June period of this year.
Some factories in South America and other regions where Nissan has low profitability are likely to be subject to the reduction plan, while it may try to streamline output in Japan.
As of March this year, Nissan and its group companies had about 139,000 employees, according to its financial report.