After releasing a revised financial forecast for FY 2011 that predicts an annual $1.3 billion loss, its third within the last four years, NEC announced it's going to cut around 10,000 jobs. Bloomberg Businessweek reports President Nobuhiro Endo announced the cuts, revealing many of the cuts will come from the company's mobile-phone handset business, with 7,000 of them expected to be in
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