newstodate.aero
MAY 19, 2003 (newstodate): Volvo Aero has given a preliminary warning on the lay-off of 250 jobs at the engine factory.
Behind the decision is a declining volume of orders on Volvo Aero's books for 2004 and 2005.
Volvo Aero has been in the red for the last three quarters, and does not currently see any improvement along the road, says the company.
Behind the decision is a declining volume of orders on Volvo Aero's books for 2004 and 2005.
Volvo Aero has been in the red for the last three quarters, and does not currently see any improvement along the road, says the company.