Tuesday, July 28, 2015

Home News Husqvarna to cut 600 jobs

Husqvarna to cut 600 jobs

Supplier News

Half of the job losses will occur in Sweden.

Bloomberg | November 7, 2012

Husqvarna plans to cut about 600 jobs in a move that will save 220 million kronor ($33 million) a year by 2014.

“The proposed measures aim to improve efficiency, reduce the fixed cost base and further increase flexibility,” Chief Executive Officer Hans Linnarson said in a statement.

Almost half the job losses will come in Sweden, mainly in Huskvarna, where the company is based, it said. The cuts will be carried out during the first six months of next year after negotiations with unions. The cuts will cost about 250 million kronor to implement, which will be charged to fourth-quarter operating income, the company said.

For the rest of the story, click here.

Top news

Lead your customers to water

You already know how to manage water. Here's how to tell your prospects why they should care.

The true price of a beautiful lawn

A veteran comments on the meaning of Renewal and Remembrance Day in Arlington National Cemetery.

Outside in

Interiorscaping is taking plant design and installation to a whole new frontier.

Kawasaki enhances dealer services

Four new Field Service Advisor offices will focus on specific regional needs.

ATS Joins PROKOZ

Advanced Turf Solutions and its subsidiary ProGro have become the newest owner to join the group.

x