Thursday, November 27, 2008

Mitsubishi Motors cuts jobs


Mitsubishi Motors cuts jobs
27-11-2008

Mitsubishi Motors will lay off 1,100 temporary workers in Japan. That's one-third of its temporary workforce. It said it needed to reduce production to cope with sagging sales. The affected workers will not have their contracts renewed when they expire at the end of March. Toyota, Nissan, Mazda and Isuzu have also announced job cuts, to weather the financial storm.

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