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Nissan to axe 12,500 jobs worldwide but Sunderland appears safe

Firm refuses to say where cuts will fall but unions are hopeful for UK’s largest car plant

Nissan has announced it will cut 12,500 jobs globally over the next three years but the Sunderland plant appears to have escaped any further losses.

The Japanese carmaker revealed it would cut almost one in 10 of its workforce after profit was virtually wiped out in the first quarter of its financial year.

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