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Nissan to cut more jobs, shut 7 plants
Mint New Delhi
|May 14, 2025
Nissan Motor unveiled sweeping new cost cuts on Tuesday, saying it'll eliminate 11,000 more jobs and scale back production, capping a tumultuous year that left the Japanese carmaker fighting to turn itself around.
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Nissan, which held off on releasing estimates for the financial year just starting, saw its profit almost wiped out in the one just ended. Operating profit totalled 69.8 billion yen ($472
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