Nissan slashes profit outlook after sales slide, says more restructuring needed
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YOKOHAMA (Reuters) - Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.Nissan's sharply waning earnings power has already prompted plans to slash jobs, close manufacturing sites and drop product offerings, sources have said, as the automaker steps back from an aggressive pursuit of market share championed by..