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NEC's loss widens, plans to cut 20,000 workers

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NEC's loss widens, plans to cut 20,000 workers
NEC will cut 20,000 workers, joining a slew of other Japanese corporate heavyweights who are slashing jobs to survive the deepening global downturn. NEC's net loss for October-December swelled to 130 billion yen ($1.46 billion) from 5.2 billion yen a year earlier as the global slump hit semiconductors and other businesses.http://feeds2.feedburner.com/~f/wire...eadlines?d=131 http://feeds2.feedburner.com/~f/wire...nes?i=pF57YXR2 http://feeds2.feedburner.com/~f/wire...nes?i=dwY4RFui http://feeds2.feedburner.com/~f/wired/topheadlines?d=41


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