Thursday, 09 October 2008
(CNN) -- Swedish carmaker Volvo said Wednesday it was cutting 3,300 jobs, about 12 percent of its workforce. Volvo, which is owned by struggling U.S. auto giant Ford, is cutting 2,700 white-collar and blue-collar jobs in Sweden and 600 outside the country, the company said. The company's workforce at the end of 2007 was almost 25,000. The carmaker announced about 2,000 job cuts in June....
(CNN) -- Swedish carmaker Volvo said Wednesday it was cutting 3,300 jobs, about 12 percent of its workforce. Volvo, which is owned by struggling U.S. auto giant Ford, is cutting 2,700 white-collar and blue-collar jobs in Sweden and 600 outside the country, the company said. The company's workforce at the end of 2007 was almost 25,000. The carmaker announced about 2,000 job cuts in June....