Nissan Motor to fire over 1,700 workers in India.

Nissan Motor's announcement on Thursday regarding slashing over 12,500 jobs globally over the next few years till FY 2020 will affect India too. It will be reducing the headcount in the country by over 1,700. This development comes in the wake of sluggish sales, rising costs, the scandal surrounding ousted Chairman Carlos Ghosn as well as steeply eroding profits. Japan's...

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