Volvo Trucks North America will cut about 300 jobs at its New River Valley facility in Dublin, Virginia, in September, the Richmond Times-Dispatch reported Friday, July 15.
“We regret having to take this action, but we operate in a cyclical market and we have to adapt to market demand,” Volvo Trucks North America spokesman John Mies told the paper. “Outplacement support meetings led by the company and UAW (union) representatives will be provided for all affected employees.”
Volvo announced the layoffs in May but did not specify numbers.
This is the second such announcement for Volvo this year. The company cut around 500 jobs in February. Before those layoffs, the Times-Dispatch reported the plant employed 2,800 workers, which was up from about 1,000 in early 2009.