Nissan Motor Co. is furloughing most of its factory workers in the U.S. as it moves to conserve cash as the company experiences a sharp drop in sales, the Wall Street Journal reported. The Japanese auto maker shut down its manufacturing plants in the U.S. on March 20 in an effort to combat the spread of the coronavirus pandemic. The company doesn’t expect them to reopen until late April at the earliest. Manufacturers in the U.S. have been furloughing workers and slashing paychecks in an effort to conserve cash during the pandemic. Nissan was already in a weakened financial state when the pandemic began. In February, the company reported its first quarterly loss in a decade. Nissan has also furloughed workers in Spain, after halting manufacturing there.
