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Nissan announces job cuts and factory closures.
The struggling automaker, still going it alone after the failure of merger talks with Honda, has confirmed plans to cut 20,000 jobs in the next few years, including 9,000 announced in November. It will also shut seven of its 17 factories by 2027, with the aim of saving 500 billion yen (about $3.4 billion) and becoming profitable by 2026.
Nissan sets the stage for change with the bold Re:Nissan plan
[global.nissannews.com]
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