www.EmploymentCrossing.com Volvo Cars, of Sweeden, owned by Ford Motors, has moved up plans to cut 900 more positions by next month. Originally, Volvo had planned to eliminate 2000 jobs and a shift at its Torslanda, Sweeden plant by December. But given a dismal global market, the company was forced to slash sooner, to stay afloat. “The rapid decline of market conditions in Europe over the past months, in combination with the difficult US market and a slowdown of growth in emerging markets …
http://www.EmploymentCrossing.com Volvo Cars, of Sweeden, owned by Ford Motors, has moved up plans to cut 900 more positions by next month. Originally, Volvo had planned to eliminate 2000 jobs and a shift at its Torslanda, Sweeden plant by December. But given a dismal global market, the company was forced to slash sooner, to stay afloat. “The rapid decline of market conditions in Europe over the past months, in combination with the difficult US market and a slowdown of growth in emerging …
After grounding its fleet of 12, MD-80 jets, Midwest Airlines is laying off 1200 employees, or 40% of its work force. The Wisconsin based airline, joins the list of struggling airline companies in the United States, being held down by high fuel costs. As American travel activity decreases, Midwest, like its competitors, has to cut costs to avoid bankruptcy. Midwest will move to cut back on its number of flights and where it concentrates on servicing the country. By not using its MD-80 planes …