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Bofors Defence Announces Layoffs (Apr. 11)
Bofors Defence AB has today announced that 135 employees will have to leave. 90 of these are blue-collar and 45 are white-collar workers.
The lack of work will occur next winter when the deliveries of Combat vehicle 90 and Tank 122 (Leo) will be concluded.
According to the Swedish Defence Forces current plans there will be no significant production orders for us until the year 2007.
We look upon this as an ongoing structural transformation, where the need for production resources is continually diminishing where as the need for resources for product development is increasing.
Today, before the cut down, half of the employees at Bofors Defence work with product development. And this part continues to grow considerably.
Bofors Defence Is Reducing Its Workforce