Home › Electrolux Downsizes Small Appliances Unit, Cuts Jobs
 

Keywords :   


Electrolux Downsizes Small Appliances Unit, Cuts Jobs

2015-12-09 10:40:11| Appliances - Topix.net

Swedish appliance maker Electrolux AB said Wednesday it will downsize and cut jobs at its Small Appliances business as lower volumes and unfavorable currency movements continue to weigh on the unit. The cuts will be focused mainly in the U.S., Sweden and China as the company targets 120 million Swedish kronor of annual savings by the end of next year, it said.

Tags: small jobs unit appliances

Category:Consumer Goods and Services

Latest from this category

All news
20.05Water investors have withdrawn billions, says research
19.05IT Cosmetics and Kenvue Launch New Products
19.05Virgin Trains targets West Coast in return to rail
19.05Gillette Venus Announces Ambassadors Ahead of the Olympic and Paralympic Games Paris 2024
19.05 Dr. Squatch Launches Bronco Bricc
19.05Cashing In On The Stache
19.05'I had no choice but to get a 35-year mortgage'
19.05Fujitsu sacked boss at height of Horizon scandal
Consumer Goods and Services »
20.05Eastern North Pacific Tropical Weather Outlook
20.05Atlantic Tropical Weather Outlook
20.05Water investors have withdrawn billions, says research
19.05Atlantic Tropical Weather Outlook
19.05Eastern North Pacific Tropical Weather Outlook
19.05IT Cosmetics and Kenvue Launch New Products
19.05Virgin Trains targets West Coast in return to rail
19.05Cashing In On The Stache
More »