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Electronics

Nikon cuts jobs in Thailand and Laos with camera sales slumping

Factory positions pared 10% and more production adjustments expected amid pandemic

The coronavirus pandemic has forced Nikon to delay the release of cameras. (Photo by Rintaro Shimomura)

TOKYO -- Nikon has cut 700 jobs in Southeast Asia as part of a move to restructure its digital camera business as executives warned of sustained losses during the coronavirus pandemic, the Japanese optical company said Thursday.

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