Nissan's latest announcement reveals another 11,000 job cuts and the closure of seven factories as it grapples with declining sales in key markets. This follows a year of significant layoffs totaling 20,000 jobs. Will Nissan bounce back?
Hyundai is set to announce a staggering $20 billion investment in U.S. manufacturing, including a $5 billion steel plant in Louisiana. This move, backed by President Trump, promises more jobs and economic growth for hardworking Americans, but the complexities of the auto industry loom large.
February witnessed a staggering spike in layoffs, with over 172,000 jobs cut, marking the highest total since 2009. As federal spending is slashed, economic uncertainty looms, raising concerns about a potential recession.
