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The Sunderland factory opened in 1986
The Japanese auto giant Nissan announced the cancellation of 12,500 jobs in order to strengthen its finances after the recent troubles.
It will reduce its production capacity by 10% by the end of 2022, but it does not say where the cuts will fall.
The company also announced a 94.5% decline in net income for the first quarter of 2019.
This is one of the worst quarterly performances of the automaker in a decade.
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