Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Husqvarna Cuts 850 Jobs
Sep 17, 2008
 Printable format
 Email this Article
 Search

Husqvarna AB said it would cut around 850 jobs, corresponding to about 5% of Husqvarna's work force of 16,000 people. The company said it would lay off around 300 employees in Huskvarna, southern Sweden, and 550 more globally to save 300 million kronor (approx. US$45 million) a year. However, the initial cost for implementing the job cuts would also be around 300 million kronor ($45 million), Husqvarna said. The layoffs will be implemented after negotiations with the relevant labor unions in autumn and the 1Q 2009.

"The decline refers primarily to consumer products for the mass market channels in North America and Europe, as well as to products for the construction industry," it said in a statement.

The company has production and sales facilities in more than 100 countries.

Back to Daily News

 

Daily News

...........................................................

Oct 21, 2014: AHRI Annual Meeting Registration Remains Open

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: Corrected: AHRI Annual Meeting Registration Remains Open

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows