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Booking Holdings announced on Friday that it will make a variety of “organizational changes,” including job cuts.
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Around 9,000 job cuts are expected at Nissan, about 20% of its global manufacturing capacity, as per the automaker.
In October 2024, job numbers showed that the U.S. added 12,000 jobs, which fell short of the Dow Jones estimates suggesting 110,000 jobs, and clearly below September’s 254,000 job additions. The U.S.
Nissan’s job cuts to affect 9,000 employees and CEO Makoto Uchida is also expected to forfeit half of his pay starting this month.