TOKYO — Nissan Motor Co. Ltd.'s recent announcement to shave an unprecedented 21,000 jobs from its workforce has the power to shake Japan's auto industry to its foundations, most analysts agree. Nissan's bold move, executed by Chief Operating Officer and former Renault SA executive Carlos Ghosn, not only signifies the first major step in the automaker's sweeping economic restructuring effort. It also represents the final nail in the coffin for Japan's system of lifetime employment. ...

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