Originally Posted by After Shock Media

"To ensure as swift a return to profitability as possible, Ghosn said Nissan is undertaking a series of emergency measures. For instance, the company will suspend its current business plan, announced last May; cut capital expenditure by 21%; and slash labor costs in line with falling sales. "Our goal is to have positive cash flow for 2009?by any means possible," he said.

The transition will be painful. To get back in the black, Nissan plans to reduce its head count by 20,000 employees, to 215,000 worldwide, by March 2010 and reduce labor costs in what it calls high-cost countries by 20%, to $7.8 billion."

There is no worldwide healthcare I am aware of and there are plants in the US - which I would assume is a high cost country.