Internal restructuring
Location of affected unit(s)
Göteborg, Skövde, Eskilstuna, Olofström, Köping.
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

350 jobs
Number of planned job losses
Job loss
Announcement Date
17 November 2008
Employment effect (start)
17 May 2009
Foreseen end date


Volvo IT gives notice to 350 employees, spread over all their units in Sweden. The reason is declining sales in all parts of Volvo Group, as well as in Ford-owned Volvo Cars which is Volvo IT's largest customer. The negotiations have just been initialised and therefore no one can give an exact timeframe for the employment measures. However, according to Swedish labour law the measures can be introduced 6 months after the notice i.e. May 2009. No more details can be given at this point.

Volvo IT is a global company and part of the Volvo Group. They deliver industrial IT solutions, telematics services and consulting services. Volvo Information Technology AB is a wholly-owned subsidiary of AB Volvo. Customers include the Volvo Group, the Ford-owned Volvo Cars, SCA, Skandia, and GE Healthcare.


  • 18 November 2008: Dagens Industri
  • 18 November 2008: Svenska Dagbladet


Eurofound (2008), Volvo Information Technology, Internal restructuring in Sweden, factsheet number 67480, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67480.