• The Associated Press


Nissan Motor Co. shares jumped Tuesday, a day after it announced an aggressive restructuring plan that includes cutting 20,000 jobs worldwide to cope with the global slump.

Nissan shares jumped 7.3 percent to ¥280 on the Tokyo Stock Exchange as investors welcomed the measures announced Monday by Chief Executive Carlos Ghosn, who also forecast a ¥265 billion net loss for the business year through March. That would be Nissan’s first annual loss since the year ending March 2000.

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