NEC layoffs: NEC announced 10,000 worldwide employees; on Friday, the stock price fell 9%
According to Bloomberg News , NEC announced 10,000 job cuts and predicted the third annual loss in four years , NEC Tokyo Stock Exchange appeared the largest decline in 10 months. NEC shares suffered the largest decrease of 8.9%, NEC said the layoffs of about 7,000 people were included in Japan .
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