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Nissan's South Korean unit planning voluntary redundancies - source

The logo of Nissan Motor Co. is seen at its show room behind a traffic sign in Tokyo
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SEOUL (Reuters) - Nissan Motor Co's South Korean unit plans to seek applications for voluntary redundancy, a person with knowledge of the matter said on Friday, as the automaker's shares sank to their lowest in more than a decade. Nissan on Thursday cut its annual operating profit forecast by 43%. Sources said plans to slash jobs, close manufacturing sites and drop products have been already..
Date Published: Feb 14, 2020
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