Volvo Trucks could fire thousands
Around 3,000 workers at truckmaker Volvo Group will lose their jobs, reports business paper Dagens Industri, quoting anonymous sources close to the deal; but the company calls this figure "pure speculation."
Volvo Group is a Swedish multinational that makes trucks and buses, with its main plant in Gothenburg.
The corporation has previously talked about making changes.
Kina Wileke, head of press for the company, tells news agency TT, "There are going to be changes for our coworkers, but where in the world, when and in which way, we'll have to get back to you."
Mikael Sällström, the president of the factory's union in Sweden, tells TT that he has practically no comments to make today, and says "It's easy for us in Sweden to forget that 75 percent of the company's staff our outside the country."
Earlier this year, Volvo launched another round of cutbacks, telling 4,400 workers they would be leaving.