Sweden -Volvo restructuring -September 24, 2013

Volvo Group, the world's second biggest lorry manufacturer, announced a 5 billion kronor (580 million euro) restructuring plan over two years. The programme encompasses both reduction of white collar employees and consultants and efficiency enhancements in the global industrial system, the company wrote in a statement, without indicating the number of jobs affected. The group employs 112,000 worldwide, including 16,000 consultants and temporary workers.

English: http://www.thelocal.se/50412/20130924/

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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