Updated On: 08 January, 2009 02:15 PM IST | | AP
Mitsubishi Motors Corp will slash more than 2,000 temporary jobs in Japan by the end of March as the country's fourth largest automaker struggles in the face of a severe slump in sales worldwide, media reports said on Thursday.
Mitsubishi Motors Corp will slash more than 2,000 temporary jobs in Japan by the end of March as the country's fourth largest automaker struggles in the face of a severe slump in sales worldwide, media reports said on Thursday.
The job cuts, the latest in a slew of setbacks for Japanese carmakers, underlined a rapid deterioration in the global auto market as major developed economies grapple with recession and emerging economies slow.