Largest Japanese Buxiban Files For Bankruptcy

The largest buxiban in Japan called Nova Corp closed its doors on Friday as they sought protection from creditors. Nova employs 7000 people including 4000 foreigners who are all out of a job.

Many have not been paid for several months and are worrying about their visa status. 900 Australians are out of jobs and some will use reduced airfare by Qantas to go home.

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