Major car brand ‘targets £1.3bn of cuts’ after plans to axe 20,000 jobs in bid to exit ‘crisis mode’

ONE of the world’s biggest car brands is reportedly planning a huge wave of cuts worth a staggering £1.3 billion.

The shocking moves comes as the company battles with its worst annual loss in a quarter century – forcing it to axe a whopping 20,000 jobs.

One of the world’s biggest car brands is planning cuts worth £1.3 billionGetty PA:Press AssociationNissan has battled with a huge drop in sales[/caption] EPAThe company has nearly doubled the number of job cuts planned for the coming years[/caption]

In April 2025...