Saab cuts staff by 900

Trollhattan, Sweden. Saab will need longer than expected for its staff reduction. By year-end at the earliest 1,400 employees will have been laid off.

In March, Saab CEO Peter Augustsson declared that all written notices would be sent out by the end of March and that the employees concerned would be leaving General Motors after a three to six months period of notice.

Due to restructuring approximately 900 employees have or soon will receive their notice - two thirds of redundancies will be in production. Less than 50 will take early retirement. The others will leave through attrition, a GM-Europe spokesman said.

Natural attrition is currently higher than usual "because Saab, the unions and public authorities have been working together to create new employment.

Many of the employees affected are expected to move to Volvo, industry sources said.

ATTENTION COMMENTERS: Automotive News has monitored a significant increase in the number of personal attacks and abusive comments on our site. We encourage our readers to voice their opinions and argue their points. We expect disagreement. We do not expect our readers to turn on each other. We will be aggressively deleting all comments that personally attack another poster, or an article author, even if the comment is otherwise a well-argued observation. If we see repeated behavior, we will ban the commenter. Please help us maintain a civil level of discourse.


Email Newsletters
  • General newsletters
  • (Weekdays)
  • (Mondays)
  • (As needed)
  • Video newscasts
  • (Weekdays)
  • (Weekdays)
  • (Saturdays)
  • Special interest newsletters
  • (Thursdays)
  • (Tuesdays)
  • (Monthly)
  • (Monthly)
  • (Wednesdays)
  • (Bimonthly)
  • Special reports
  • (As needed)
  • (As needed)
  • Communication preferences
  • You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.