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VTNA Announces Workforce Reduction of Up to 350 Positions at Virginia Facility
Maryland Factory Cuts jobs Amid Weak Truck Demand
The New River Valley assembly plant in Dublin, Virginia, is the largest manufacturing site for Volvo Trucks north America. (Volvo Group)
A representative from Volvo Trucks North America announced on March 28 that up to 350 employees will be laid off at their New River Valley facility starting early April. This plant is a important hub for Volvo Group’s operations.
The layoffs will affect between 250 and 350 workers as demand has dropped sharply, especially in the long-haul trucking sector. The spokesperson noted that this comes after the initial ramp-up phase of their new VNL model.
Despite these cuts, operations will continue with two shifts at the plant, which currently employs around 3,600 people following recent expansions.
Additonally, on March 21st, another round of layoffs hit volvo’s Hagerstown powertrain facility in Maryland where about 40 staff members were let go. These workers were involved in producing engines and components for both VTNA and Mack Trucks.
A Closer Look at Recent Developments
- This downturn isn’t just limited to trucks; similar
