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A dark phase for jobs

November 3, 2008

Nissan Motor Co is planning to slash 2,500 jobs abroad and 1,000 temporary positions in Japan as it plans to reduce vehicle production this year by 200,000 units in Europe, Japan and North America.

Image:Nissan Motor's new new mini sport utility vehicle "KIX" at the headquarters in Tokyo.| Photograph: Mario Tama/Getty Images

Also read: US job market at its worst in 15 years
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