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Nissan to Cut 20,000 Jobs Globally

Nissan to Cut 20,000 Jobs Globally

   Tokyo, May 12 (Jiji Press)--Struggling Nissan Motor Co. is planning to cut about 20,000 jobs in and outside Japan, up from 9,000 as previously planned, it was learned Monday.
   Nissan decided on the larger job cut, amounting to around 15 pct of its total workforce, as its business environment worsened further. It hopes that the restructuring measure will help the company regain profitability earlier.

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AFP-JIJI PRESS NEWS JOURNAL


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