Business

Recent company layoffs - NEC Corp.

Unemployment and LayoffsJobs and WorkplaceNEC Corporation
NEC Corp. Announced: Jan. 30 Number of layoffs: 20,000 jobs worldwide Reason for the cuts: It is trying to stanch widening losses from semiconductors and other businesses that have been hard hit by competition and the global economic slump. Yoshikazu Tsuno / AFP/Getty Images
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