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Volvo cuts 850 more jobs at construction unit

Volvo cuts 850 more jobs at construction unit

Sweden's Volvo AB says it plans to slash 850 more jobs at its construction equipment unit because of a slowdown in the market.
The company previously had announced it would cut 500 jobs from the construction unit. Volvo also makes trucks and buses.
Volvo said Thursday that negotiations with unions will start immediately.


Updated : 2021-10-26 22:35 GMT+08:00