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Business News

Nissan Plans to Cut 20,000 Jobs in Major Restructuring Effort

Nissan is scaling up its job cuts to 20,000 by 2027 as part of its “Re-Nissan” recovery plan, citing rising costs and global uncertainty. The automaker, which reported a $4.5 billion loss in FY 2024, is also reducing its manufacturing footprint from 17 to 10 plants and aims to save nearly $3.4 billion in the process. After a failed merger with Honda and ongoing trade tensions with the U.S., the company is shifting its focus to U.S.-built vehicles and EV growth in China. Leadership shakeups, a gloomy FY 2025 outlook, and tariff anxiety add even more turbulence to Nissan’s road ahead making this more than just a cost-cutting move; it’s a survival pivot.

Nvidia Sends 18,000 AI Chips to Saudi Arabia

Nvidia is teaming up with Saudi AI startup Humain, backed by the kingdom’s sovereign wealth fund, to deliver 18,000 of its powerful new Blackwell chips to fuel a massive 500-megawatt data center. The deal, announced during a U.S. diplomatic tour of the Gulf, marks a major step in Saudi Arabia’s push to become a global AI and cloud computing hub. Nvidia CEO Jensen Huang called AI “essential infrastructure,” aligning the project with the kingdom’s long-term tech ambitions.

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Tip of the Day

Your calendar is your bottleneck.

If you're still the main operator in every decision, you're the ceiling. Delegate outcomes, not tasks and get ruthless with your yeses.