Financial Times FT.com

Mitsubishi motor cuts jobs in Europe

By John Reed in London

Published: March 20 2009 09:24 | Last updated: March 20 2009 09:24

Mitsubishi Motors said on Friday it was cutting 90 European white-collar staff, repatriating sales and marketing functions to Japan, and relocating its Netherlands-based regional head office in response to the crisis in the car industry.

The Japanese carmaker said it was planning to “implement a new business model” for its European subsidiary, which is currently headquartered in Schiphol near Amsterdam and employs 335 people.

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