UPDATE 1-Mazda to cut 250 jobs in Europe, US -Nikkei

Newswire

(Adds Mazda spokesman comment) June 1 (Reuters) - Mazda Motor Corp plans to cut 250 jobs, 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. Mazda plans to reduce staff in the United States, where it has sales sections in California and Michigan, by 20 percent to around 550 workers, the paper said. Mazda spokesman Jay Amestoy said Thursday afternoon the company would not eliminate jobs in the ...

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