Husqvarna to Cut 600 Jobs as Garden-Tools Maker Seeks Savings
This article is for subscribers only.
Husqvarna AB, the world’s biggest maker of powered garden tools, plans to cut about 600 jobs in a move that will save 220 million kronor ($33 million) a year by 2014.
“The proposed measures aim to improve efficiency, reduce the fixed cost base and further increase flexibility,” Chief Executive Officer Hans Linnarson said in a statement.