DUBLIN (WSLS 10) - Volvo will lay off about 300 people later this year, according to a person in the company's communication department.
The layoffs are expected to happen in early September.
These are the same cuts WSLS 10 reported in late May; however, at that time, the amount of people being laid off and the timing were still unknown.
"We regret having to take this action, but we operate in a cyclical market, and we have to adapt to market demand," said John Mies, a member of Volvo's corporate communication team. "Outplacement support meetings led by the company and UAW representatives will be provided for all affected employees. They will also be provided with information regarding the Virginia Employment Commission and the regional Rapid Response Team."