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Nissan modelsAssociated Press News
•82% Informative
Nissan Motor Corp. announced a global workforce reduction of 9,000 people, or about 6% of its more than 133,000 employees.
Chief Executive Makoto Uchida said he was taking a 50% pay cut to take responsibility for the dismal results.
Nissan announced a plan to slash global production capacity by 20% .
The Japanese automaker said it's appointing a chief performance officer tasked with turnaround decision-making.
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