The adjustments will rebalance production capacity to more normal levels. The downsizing affects up to 400 temporary employees in Ghent, where the temporary night shift will close by the end of December this year. In Gothenburg, the ambition is to reduce the evening shift, which will affect up to 610 persons. In Umeå, approximately 370 employees are affected as the cab plant is planned to downsize in April next year.
“The planned reductions are not only being undertaken to rebalance capacity, but also to increase efficiency in production and to compensate for the higher raw material prices that we are now experiencing. To mitigate the impact of cost-inflation a cost-saving program will be introduced throughout the entire Volvo Trucks organization and it will include measures to improve efficiency in the commercial operations,” says Staffan Jufors, President and CEO of Volvo Truck Corporation.
Negotiations with the unions will start immediately.
September 30, 2008
For further information please contact:
Stefan Karlsson, Volvo Trucks Corporate Communications,
tel: +46 31 66 47 56, mail: email@example.com
Anders Olausson, Göteborg,
tel: +46 31 3221512, mail: firstname.lastname@example.org
Lage Lindfors, Volvo Trucks Umeå,
tel: +46 90 707480, mail: email@example.com
Patrick Collignon, Volvo Trucks Ghent,
tel: +32 9 2504220, mail: firstname.lastname@example.org