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Nissan (OTCMKTS:NSANY) Woes Look Graver As It Plans a Massive Layoff of 12,500 Employees

It is becoming increasingly clear that Nissan (OTCMKTS:NSANY) is under great pressure as far as sales are concerned. Reports indicate that the Japanese carmaker is working on a plan to cut close to 12,500 jobs across its plants worldwide. The move comes amid ongoing court battle for its former Chairman, Mr. Carlos Ghosn. Rock bottom […]