Scania plans to axe 5,000 jobs


Scania has revealed that it will have to make significant reductions in the size of its global workforce, citing the serious reduction in demand for its products as a result of the coronavirus pandemic. Scania president and chief executive Henrik Henriksson (pictured) admitted the company now has 5,000 more staff than needed. “Our assessment is that it will take a long time before market demand reaches pre-crisis levels and we therefore need to adapt the organisation to the new situation […]