Volvo Cars dispense a thousand workers this year. The goal is to save $ 200 million in order to achieve financial balance. And is that the Swedish brand has also been hit by weak sales in Europe and slowing growth in China.
Last year, Volvo has already reduced the number of temporary contracts in assembly lines and 900 employees not renewing. This time the victims are the executives and consultants, explained Hakan Samuelsson, CEO and Volvo. Input, dispensed 750 external consultants, while the rest of the casualties will be voluntary on the part of employees of the brand. Volvo currently employs 22,000 people, mainly in Sweden (14,000) and Belgium (4000).