Nissan plans 9,000 job cuts, slashes annual profit outlook by 70%


TOKYO: Japan's Nissan Motor on Thursday announced various cost saving measures including 9,000 job cuts and slashed its annual outlook for the second straight time this year, as it continues to battle headwinds in major markets such as China.

The automaker also said it would cut global production capacity by 20%.

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Nissan , cost saving , job cuts , China

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