Nissan CEO cuts salary in half, company lays off 9,000
Japanese automaker Nissan reported a loss Thursday for the fiscal quarter, prompting the company to announce it is laying off 9,000 people, about 6% of its workforce. Nissan models did not sell well in the US last quarter. Makoto Uchida, Nissan's CEO, told reporters that he is taking the situation “very seriously.” according to AP—…
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