More Bad News From Nissan

Just like Toyota, Nissan also fell to a full-year loss.  This was its first in almost 10 years.

As a result, about 20,000 employees (just under 9% of its workforce) are being let go. 

Directors will not get bonuses, and will have salaries reduced by 10%.

Managers will have their salaries reduced by 5%.

Not the best news from the makers of Godzilla, the awesome GTR.