Japan’s NEC Tokin to shed 9,450 jobs worldwide

TOKYO : Japanese electronics maker NEC Tokin announced on Tuesday that it would axe 9,450 jobs worldwide due to the economic crisis.
The electronic component manufacturer, a subsidiary of Japanese high-tech giant NEC Corp., said it would shed about 450 domestic posts and 9,000 jobs overseas, the latest in a wave of global layoffs.
The company currently [...]