Mike
Well-Known Member
DUBLIN, Va. — Swedish vehicle manufacturer Volvo has announced permanent layoffs of 650 workers at its truck assembly plant in Dublin, Va.
Volvo Trucks North America said Tuesday it will lay off 40 per cent of the Pulaski County plant's remaining workforce by the end of April. The layoffs will begin in March.
Volvo spokesman Jim McNamara says the layoffs are prompted by declining demand for heavy trucks.
The Swedish company company - separate from the Volvo carmaker owned by Ford Motor Co. (NYSE:F) - laid off about 1,000 workers at the plant last May, and had planned weeklong shutdowns during the first three months of this year to avoid additional job cuts.
Earlier this month, Volvo announced it will cut more than 1,600 jobs in Sweden.
Full Story
Volvo Trucks North America said Tuesday it will lay off 40 per cent of the Pulaski County plant's remaining workforce by the end of April. The layoffs will begin in March.
Volvo spokesman Jim McNamara says the layoffs are prompted by declining demand for heavy trucks.
The Swedish company company - separate from the Volvo carmaker owned by Ford Motor Co. (NYSE:F) - laid off about 1,000 workers at the plant last May, and had planned weeklong shutdowns during the first three months of this year to avoid additional job cuts.
Earlier this month, Volvo announced it will cut more than 1,600 jobs in Sweden.
Full Story
