Rather than lay off workers in light of the rising crisis hitting the automotive scene, Volvo Powertrain has announced a shortening of work hours for collective-agreement employees, a result from the cancellation of layoff notices to over 600 employees made last April 22.
Volvo Powertrain signed an agreement on May 18 with the salaried-employees local unions in Köping regarding shortening of work hours with income reduction. The agreement, which covers 180 salaried employees in Köping, also includes the management group for Volvo Powertrain in Köping and as a result the layoff notices for 25 salaried employees issued in April 25 have been withdrawn.
Negotiations are under way regarding an agreement on shortening of work hours for the other salaried employees within the company’s Swedish division.
(Source) Press
Tags: cancellation, collective agreement, local unions, management group, negotiations, salaried employees, shortening, swedish division, Volvo, volvo powertrain