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.

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