December 28th, 2008 @ MReed // No Comments
In Hagerstown, Maryland, the Volvo engine and transmission plant is cutting one hundred and forty-two jobs. The layoffs were unfortunate but not completely unexpected, because the company had said that orders were declining and production had to be slowed at the plant.
Almost thirteen hundred people work at the plant, and they make gearboxes, engines, and drive shafts for both Mack and Volvo trucks as well as Prevost motor coaches. While these workers are laid off, it is hoped that the layoffs are only temporary. When the orders pick up, Volvo intends to recall some or all of these workers. While Volvo is based in Sweden, it has a North American headquarters in North Carolina and plants in four other states.
Volvo is certainly not the only car company that has seen problems lately because of the economy, and it likely won’t be the last one, either. However, when the economy starts to pick up again, Volvo and others will probably re-hire workers and start producing more cars and trucks once again as orders pick up.
Tags: car company, cuts, job loss, volvo
