Nissan to slash 9% of workforce as first quarter profit nearly wiped out

July 25, 2019 admin Business News Comments Off on Nissan to slash 9% of workforce as first quarter profit nearly wiped out

Japanese car maker Nissan Motor Co said it is axing 12,500 jobs and warned a quick turnaround in its performance was not imminent after reporting its quarterly profit was nearly wiped out.

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Source:: Reuters – Business News