- Sweden edition
- Change edition:
- France |
- Germany |
- Norway |
- Switzerland
May 24, 2012
Fewer jobs cut than expected at Volvo Cars
Published: 8 Dec 08 14:26 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/16212/20081208/
Volvo Cars announced on Monday it would be shedding 2,721 of the 3,900 Swedish jobs it has previously announced would be cut.
- Volvo Cars incurs massive losses (7 Nov 08)
- 900 more jobs to go from Volvo Cars (12 Sep 08)
- Volvo Cars to shed 1,200 jobs in Sweden (25 Jun 08)
The news comes at the same time the government is considering a major package of loans and loan guarantees to help Swedish vehicle makers.
In June and October, Volvo Cars had given notice that a total of 3,900 full time positions in Sweden were on the line out of cuts expected to reach 6,000 worldwide.
In the statement, the company said it would trim 2,367 workers governed by collective wage agreements.
In addition, 354 white collar employees would lose their jobs, considerably fewer than originally thought.
"An additional 680 employees abroad will leave the company. Also, 1,215 contracts with consultants have been terminated," said Volvo.
Most of the redundant employees will leave the company by December 31, it said.
Volvo Car Corp., which Volvo Group sold to Ford in 1999, employs some 24,400 employees worldwide.
Cash-strapped Ford announced last week it was considering selling the unit, its last foreign premium marque, as the three big US carmakers seek a bailout in government-backed low-cost loans.
The Volvo car group has been hit hard by declining sales, as interest for its big, costly and gas-guzzling models dwindles.
In the third quarter, the company posted a net loss of $458 million, nearly three times its full-year 2007 loss of $164 million.
Fark It!
Digg This
Share everywhere
Send to a friend
Printable version
Twitter This
Nine of ten tourists 'happy' with Sweden
Nearly 17 million foreign tourists visited Sweden in 2011, and almost all of them enjoyed their stay, according to a new report. READ (1 COMMENT) »
Armed thieves escape after highway chaos
Police are searching for the men involved in a dramatic highway robbery in Stockholm on Tuesday night, in which one car was stolen at gunpoint and an armoured transport vehicle was rammed. READ (8 COMMENTS) »
Arla looks to milk UK, German dairy mergers
Swedish-Danish dairy giant Arla plans to merge with both a German and a British dairy cooperative in a bid to become the largest dairy company in the UK. READ (4 COMMENTS) »
Swedish airline Skyways files for bankruptcy
Swedish budget airline Skyways Express has cancelled all flights after it and its City Airline subsidiary filed for bankruptcy on Tuesday morning. READ (3 COMMENTS) »
Sweden drifting from 'Swedish model': report
Sweden's historically generous social safety net isn't as robust as it once was, according to a new report, which reveals Sweden has fallen below the average for many other developed countries when it comes to various types of social insurance. READ (37 COMMENTS) »
Swedish printer in South Africa banknote fiasco
An error involving a Swedish printing press has turned into a very expensive headache for South African central bank officials who have been forced to destroy millions of dollars' worth of faulty banknotes. READ (4 COMMENTS) »
Construction workers see fewer inspections
Sweden's work environment watchdog has made ten percent fewer inspections on construction sites over the past seven years, despite twice as many work-site employees since 2007. READ (1 COMMENT) »
Ikea bosses sacked over France spying scandal
Ikea is sacking four managers at its French subsidiary following allegations that they spied on employees and customers using an illegal police database, the Swedish home furnishing retailer announced on Friday. READ (1 COMMENT) »
Boob burns not bikini-related: Swedish retailer
The manufacturer of the bikini suspected of having caused severe bust-line burns on a Swedish woman claims that test results reveal the beach garment is not responsible for the woman's scorched skin. READ (6 COMMENTS) »
Firm sued over Facebook 'threats' sacking
Swedish trade union Unionen has opened legal action against a firm from Piteå in northern Sweden on behalf of two employees fired after posting "threatening" comments against a manager on Facebook. READ (2 COMMENTS) »
- 16/05 IMF warns Swedish economy 'vulnerable' (9 comments) »
- 15/05 Patient blackmails doc after affair turns sour (3 comments) »
- 15/05 Astra Zeneca slashes 400 more jobs in Sweden »
- 14/05 Deserted Swedish homes used to grow cannabis (10 comments) »
- 14/05 Swedish union plea to Obama: 'help save Saab' (7 comments) »
- 11/05 PEAB founder freed in arena bribery scandal (2 comments) »
- 10/05 Skanska profits double but fail to beat forecasts (2 comments) »
- 10/05 Drunken airline pilot stopped at Arlanda (14 comments) »
- 09/05 H&M defends bikini ad amid skin cancer worries (7 comments) »
- 09/05 Illegal trash exports from Sweden put Africa at risk (7 comments) »
Meet Sanna, 9 years old
Sanna is one of 2 million people in Sweden under the age of 18. Sweden is seen as a good place to grow up. The law makes sure children are well-protected and defends their rights and any organizations work with children's well-being. Read more »
Strindberg, king of drama
August Strindberg's plays shocked society, dazzled audiences and revolutionized drama. A century after his death, Strindberg, with his powerful, timeless themes, is celebrated around the world. Read more »
| 23/05 | Business oriented Controller to Coca Cola Enterprises Coca-Cola Enterprises Sverige AB |
Jordbro |
| 23/05 | Senior Operations Engineer Thomson Reuters/Capus AS |
Oslo |
| 23/05 | Teamleader Accounts Payable Page Personnel |
Stockholm |
| 23/05 | Strategic Sourcing Manager - IT Trygg Hansa |
Sweden - Stockholm or Copenhagen |
| 23/05 | Accounts Receivable - Kundreskontra Page Personnel |
Stockholm |
| 23/05 | Product Validation Coordinator QlikTech International AB |
Lund |
| 23/05 | Sharper is looking for junior java developers for mBlox Sharper |
Stockholm |
| 23/05 | Senior Risk Analyst, Sweden team - GE Money Bank Prodiem AB |
Danderyd |
| 23/05 | Executive Assistant to Vattenfall Corporate Security Vattenfall |
STHM |
| 23/05 | Concept Engineer, Solutions Lab - R&D Axis Communications |
Lund |
- 23/05 City 'sold empty houses without finding owners' »
- 23/05 Streetside taken down after privacy complaints »
- 22/05 One in four low-earners works 50-hour week »
- 22/05 Doctors cash-in on patient referrals »
- 21/05 Germans tip-top for generosity on holiday »
- 21/05 Central Bank: there is no 'Plan B' for Greece »
- 19/05 Merkel denies suggesting Greek vote on euro »
- 19/05 Metalworkers get pay rise, vow to take on Opel »
- 18/05 Merkel ally: 'Eurozone could handle Greek exit' »
- 18/05 EU agrees on growth and austerity mix ahead of G8 »
- 23/05 piano lessons
- 23/05 Seeking helper for Posting parcels at postal office
- 22/05 Coffee-maker
- 22/05 Pet sitter available in Gotene and Lidkoping
- 22/05 apartment in Lund wanted
- 22/05 Musicians wanted
- 00:41 Legal counselling about job
- 00:08 Anti-fästing vaccination. (ticks)
- 23:27 I need to learn Sketching
- 23:01 Canadian moving to Stockholm
- 22:52 Cheap housing in Pitea
- 22:48 I am a dentist also I know 4 languages
- 22:27 CSN study support
- 21:23 To Canadians who moved to Sweden
- 18:50 Looking for commercial kitchen to rent in småland
- 18:48 What do you do...
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
British-Australian Male Counsellor. Counselling Therapy for Depression, Mental Health, Sex, Relationship & Expat Issues
08-559 22 636 or CLICK HERE
Therapy in English in Stockholm Trained in California Individuals & Couples (08) 93 81 48 FREE phone consultation
Visit anxiousorblue.se
Turning Point Counselling centre offers the international community of Stockholm a safe space for personal development, counselling and coaching.
http://www.turning-point.se/show.asp
Swedish Down Town PR Consulting and Productions is an innovative business company which provides valuable assistance with Public Relations and Communications in the Swedish and the international market.
www.swedishdowntown.com
Comfortable Fully Serviced Apartments for Leisure or Business Travel Beautiful surroundings. Internet & Sat TV
www.oldriverhouse.se
Volunteer Venture is dedicated to promoting community tourism by welcoming volunteers and travelers to discover the cultural differences in Nepal as English teaching volunteers, orphanage volunteers, Monk teachers and many more
www.volunteerventure.org/
