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Nissan adds 10K more jobs to planned cuts

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Nissan is reportedly increasing the number of planned cuts from its workforce.

Over 10,000 more cuts globally would bring total planned layoffs to roughly 20,000. That's about 15% of the company's workforce.

The Japanese automaker is expected to report a net loss of up to $5.08 billion for its fiscal year that ended in March. The company's earnings report is due out this week.

Read more from CNBC.

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