Mitsubishi Sheds 25 U.S. Jobs, Chicago Office

Mitsubishi Motors Corp., struggling to reverse three years of declining U.S. sales, eliminated about 5% of the staff at its U.S. headquarters and closed a regional office.

The company cut 25 sales-related jobs from its North American headquarters in Cypress, the company said. The Tokyo-based automaker also closed its north-central region office in Chicago, transferring 16 employees to other sales districts.