Volvo Construction Equipment

Type
Offshoring/Delocalisation
Country
Sweden
Region
Location of affected unit(s)
Braås, Hallsberg, Arvika, Eskilstuna
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
New offshoring locations
China
100 - 150 jobs
Number of planned job losses
Job loss
Announcement Date
13 November 2014
Employment effect (start)
Foreseen end date

Description

Swedish construction equipment manufacturer Volvo Construction Equipment plans to cut 100-150 jobs at its sites in Braås, Hallsberg, Arvika and Eskilstuna. The cuts will affect both white and blue collar workers as the company shifts production of loaders to facilities in China. 

The shift of production is part of a large savings program which affects the entire Volvo Group.

Volvo Construction Equipment employs a total of 14,000 people world-wide. 

The ERM has reported on previous restructuring events at Volvo Construction Equipment in 2008, 2009, 2010, 2012, 2014a and 2014b.

Sources

  • 13 November 2014: Göteborgsposten

Citation

Eurofound (2014), Volvo Construction Equipment, Offshoring/Delocalisation in Sweden, factsheet number 77873, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77873.