Nissan Motor Co. shares rallied on Tuesday after a report that the Japanese automaker will eliminate 11,000 more jobs than previously forecast as part of a plan to restructure its flailing business.Nissan said in November it would cut 9,

TOKYO (Reuters) - Nissan Motor will cut more than 10,000 jobs globally, bringing the number of layoffs, including those previously announced, to about 20,000 or 15% of its workforce, Japan's public broadcaster NHK reported on Monday.

Nissan shares surged as much as 5.5 per cent in early trade on Tuesday after reports said the struggling Japanese carmaker plans to cut 10,000 more jobs in a