Volvo

Type
Internal restructuring
Country
Sweden
Region
Södra Sverige; Västsverige; Västra Götalands län
Location of affected unit(s)
Göteborg
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
180 jobs
Number of planned job losses
Job loss
Announcement Date
5 October 2005
Employment effect (start)
5 October 2005
Foreseen end date

Description

Volvo Cars will lay off 180 blue-collar employees in Göteborg. This decision is part of the cost-cutting programme announced earlier this year, which will lead to the dismissal of about 1,400 employees, among whom 450 blue-collar workers.

Sources

  • 5 October 2005: Dagens Nyheter
  • 5 October 2005: Sveriges Radio (www.sr.se)

Citation

Eurofound (2005), Volvo, Internal restructuring in Sweden, factsheet number 62463, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62463.