Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a fifth of its manufacturing capacity as it struggles with sales in China and the United States. On Thursday, Japan’s third-biggest ...

The Japanese carmaker is embarking on a turnaround plan that includes cutting global production capacity by a fifth.

Nissan did not specify if its job cuts will include any U.S. workers, while affected Stellantis employees all work in Ohio.