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Feb
9th

JAPAN [updated 10:59GMT]: Nissan to axe 20,000 jobs in restructure

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Nissan Motor has announced a major restructure - described as "recovery actions designed to enhance the company's performance during the current global economic and financial crisis" - that will see 20,000 jobs axed in the next year and labour costs in high-cost countries reduced by 20%. Full story...
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