About: http://data.cimple.eu/news-article/ceae655c3c2e7bf4afacbb51ffbd5cfaa32548c0130d1cac8595649d

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About: http://data.cimple.eu/news-article/ceae655c3c2e7bf4afacbb51ffbd5cfaa32548c0130d1cac8595649d Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Chinese-owned Swedish automaker Volvo Cars said Wednesday it was cutting up to 1,300 white-collar jobs in Sweden in a restructuring accelerated by the impact of the new coronavirus. The company said the notices were part of an "ongoing realignment of the company's operations," but added that "the coronavirus pandemic has increased the pertinence of the measures announced". In addition to the staff cuts the automaker said it was reviewing how to reduce the number of consultants it uses. Volvo Cars, which employs 25,000 people in Sweden, added that manufacturing would not be affected and that the exact number of job reductions would be "decided over the coming months in negotiations with the unions." After Volvo Cars was bought by Geely from Ford in 2010, the iconic safety-focused Swedish brand has improved its image and accounts. It has already made strides in the area of autonomous cars and has said it now wants to focus on the electrification of its vehicles. Volvo Cars announced in 2017 that it would launch only electric or hybrid models from 2019 onwards, preparing for "an era beyond the internal combustion engine." hdy/jll/po/rl
schema:headline	Volvo Cars says to cut 1,300 jobs
schema:mentions	Internal combustion engine Volvo Cars Self-driving car Hybrid electric vehicle Ford Motor Company Sweden Pandemic Geely White-collar worker JLL (company)
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-29 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	86 (xsd:integer)

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