AUTOSHOW-Volvo may lose 1,000 jobs through hiring freeze

Newswire

PARIS, Sept 26 (Reuters) - Swedish-based car maker Volvo, owned by Ford Motor Co , has set a recruitment freeze that could reduce its workforce by up to 1,000 people in coming months, a Volvo spokesman said on Thursday. The spokesman said a hiring freeze had been announced in mid-August and there were currently 498 open positions that would not be filled. He added that in a normal year, staff turnover amounts to 200 to 500 jobs. "We will get close to 1,000 jobs that will not be ...

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