GUANGZHOU -- Toyota Motor has cut 1,000 jobs at its business in China. The slowdown in the world's second-biggest economy has resulted in lackluster sales of new cars, creating more headwinds for automakers.
Automobiles
Toyota slashes 1,000 jobs at operations in China
Slowdown in auto purchases weighs on Japanese carmaker
GAC Toyota said it terminated contracts before expiration for about 1,000 employees. (Photo by Yusuke Hinata)
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