UPDATE 2-Nissan to cut 1,500 jobs in Japan as market shrinks

Newswire

(Updates with share price, impact, analyst comment) By Chang-Ran Kim, Asia auto correspondent TOKYO, April 24 (Reuters) - Nissan Motor Co. will seek voluntary early retirement from up to 1,500 employees in Japan in the first job cuts at home in eight years as it aims to match lower production for a shrinking domestic market. Japan's third-biggest automaker, 44 percent owned by Renault SA , said on Tuesday the cost would be booked under the business year ended last month, but stood by ...

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