Mazda to cut 250 jobs in Europe, US-Nikkei


June 1 (Reuters) - Mazda Motor Corp plans to cut 250 jobs, or a quarter of its staff in Europe and the United States, in fiscal 2012, as it reorganizes sales management in Japan and overseas, the Nikkei reported. The Japanese automaker, which has posted losses for four straight years on sluggish sales and a strong yen, will reduce staff at its subsidiary in Germany by a third to just under 200 workers, the business daily said. Mazda plans to reduce staff in the United States, where it ...

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