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Nissan cuts 20,000 jobs

皇冠体育app Daily | Updated: 2009-02-10 08:12

Nissan cuts 20,000 jobs

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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