Nissan to cut 11,000 more jobs and shut seven factories

Nissan has said it will cut another 11,000 jobs globally as it shakes up the business in the face of weak sales in its key markets of the US and China.It brings the total number of layoffs announced by Japan's third-biggest car maker in the last year to about 20,000, or 15% of its workforce.It was not immediately clear where the job cuts will be made, but the carmaker said it would reduce the number of its plants…