Nissan solicits early retirements in U.S. as turnaround moves ramp up

Nissan Motor Co. said Thursday that it has begun soliciting early retirement applications in the United States, as the struggling automaker accelerates efforts to turn its fortunes around.The Japanese carmaker has not disclosed details such as the number of employees eligible for early retirement, but the package is believed to target those in administrative departments and at vehicle assembly plants.The program is part of Nissan's streamlining efforts revealed earlier this month, which included cutting 20,000 jobs and shutting seven vehicle plants globally.Japan's third-largest automaker b…READ FULL ARTICLE