( MENAFN - The Peninsula) AFP Tokyo: Nissan plans to cut 10,000 more jobs worldwide, Japanese media reported on Monday, a day before the struggling carmaker was expected to report a record annual loss of around $5 billion. Public broadcaster NHK said the decision, in addition to a November announcement that it would slash 9,000 positions, means Nissan is now aiming to reduce its total workforce by approximately 15 percent. Nissan, whose mooted merger with Honda collapsed earlier this year, declined to comment on the reports which also appeared in the Nikkei business daily. The company -- one of the top 10 automakers by unit sales -- is heavily indebted and engaged in an expensive business restructuring plan. Like many peers, Nissan is finding it difficult to compete against home-grown electric vehicle brands in China, while its profits are now under further threat from US trade tariffs. The possible merger with Japanese rival Honda had been seen as a potential lifeline.