Saab Automobile says it will cut up to 1,300 jobs as part of a restructuring aimed at returning the Swedish car marker to profitability in 2003. Saab blames its financial downfall on higher than expected launch costs for the new 9-3 sedan Most of the job losses will come from manufacturing operations in Sweden, while other cuts will be made in the sales and marketing and engineering organizations. The move comes weeks after Saab parent, General Motors Corp., installs new chief ...
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