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Layoffs hit up to 350 more workers at Volvo Trucks plant in Virginia
Layoffs hit up to 350 more workers at Volvo Trucks plant in Virginia

Yahoo

time21-04-2025

  • Automotive
  • Yahoo

Layoffs hit up to 350 more workers at Volvo Trucks plant in Virginia

Volvo Trucks North America plans to lay off up to 350 workers from a Virginia plant by the end of June as part of job cuts affecting up to 800 employees across the country. Employees at the New River Valley plant in Dublin, Virginia, were notified of the workforce reduction on Thursday, and their last day at the facility will be June 27, Volvo spokesperson Janie Coley said. 'Heavy-duty truck orders continue to be negatively affected by market uncertainty about freight rates and demand, possible regulatory changes, and the impact of tariffs,' Coley said in a statement to The Patriot News. 'In the case of [New River Valley], this is unfortunately a second wave of layoffs. You might recall that we announced a layoff of 250-350 in February; this ended up being about 180 people, due to attrition. So we currently expect that the total impact at [New River Valley] will unfortunately be about 430 to 530 people.' Volvo recently announced it was laying off 250 to 350 people at its Mack Trucks Lehigh Valley Operations in Macungie, Pennsylvania, and 50 to 100 people at its Volvo Group Powertrain Operations plant in Hagerstown, company employs 7,900 total workers at the New River Valley (3,400), Lehigh Valley (2,800) and Hagerstown (1,700) manufacturing plants. Sweden-based Volvo Trucks North America purchased Mack and its former parent company Renault Véhicules Industriels for $1.8 billion in 2000. The post Layoffs hit up to 350 more workers at Volvo Trucks plant in Virginia appeared first on FreightWaves. Sign in to access your portfolio

Volvo to lay off at least 250 more employees at New River Valley manufacturing plant
Volvo to lay off at least 250 more employees at New River Valley manufacturing plant

Yahoo

time19-04-2025

  • Automotive
  • Yahoo

Volvo to lay off at least 250 more employees at New River Valley manufacturing plant

DUBLIN, Va. (WFXR) — Volvo Group North America confirmed to WFXR Saturday afternoon that it plans to lay off 250-350 employees at its New River Valley manufacturing plant in Dublin. In addition to layoffs at the Dublin plant, the company plans to cut 250-350 jobs at its Macungie, Pennsylvania site and 50-100 at its Hagerstown, Maryland location. The workforce reduction at the Dublin plant will take place over the next 90 days, according to Volvo. 'Heavy-duty truck orders continue to be negatively affected by market uncertainty about freight rates and demand, possible regulatory changes, and the impact of tariffs,' said Janie Coley, director of public relations for Volvo Group North America. This marks the second wave of layoffs in 2025 at the Dublin plant, after Volvo announced it would cut 250-350 jobs at that location in February. The company says it ultimately laid off around 180 employees during that round, meaning a total between 430 and 530 employees will have been impacted following the second round of cuts. 'We regret having to take this action, but we need to align production with reduced demand for our vehicles,' said Coley. According to Virginia Works, the commonwealth's workforce development agency, this is the fourth major job reduction at the Dublin plant since 2016. The company made cuts of 734 and 519 employees between two rounds in February 2016. Volvo also laid off 700 employees in January 2020, just before the onset of the COVID-19 pandemic. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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