Report: Volvo to lay off up to 650 at Virginia plant

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Volvo Trucks North America reportedly will lay off up to 650 people next month at its Dublin plant in Virginia. The layoffs, which will occur at the end of January, are permanent, Volvo spokesman Jim McNamara said in an e-mail Friday, Dec. 7, to the Associated Press.

McNamara told the AP the new job cuts reflect current market demand. The 1.6 million-square-foot New River Plant manufactures 148 vehicles daily and is the largest Volvo truck manufacturing center in the world.