Nissan cuts 20,000 jobs
China Daily | Updated: 2009-02-10 08:12
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Carlos Ghosn, president and chief executive officer of Nissan Motor Co, pauses during a news conference in Tokyo. Bloomberg News |
Nissan Motor Co, Japan's third-largest automaker, said it will slash 20,000 jobs and post its first loss in nine years as the global recession cripples car demand and a stronger yen ravages the value of overseas earnings.
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