Scania introducing four-day week for 12,000 employees in Sweden Scania has agreed with the unions concerned on a four-day week for all employees in its Swedish operations starting in June. “I welcome the decision of our employees to help out the company in these difficult times. Their willingness to make personal sacrifices shows great support for the company's strategy to deal with the very sharp decline in market demand without further employee cutbacks. Scania will stand well equipped when the market rebounds,” says Leif Östling, President and CEO of the company. The four-day week will be introduced in June and cover employees and managers at production, research and development units as well as administration and corporate staff units at Scania's operations in Sweden − some 6,000 white collar employees and 6,000 workshop employees in all. The agreement will apply for six months, with a break for holidays. Scania undertakes not to issue any lay-off notice during the period of the agreement. The four-day week is a key element of Scania's strategy to preserve the collective competency of the company despite a very sharp decline in market demand. Scania has already introduced various forms of working hour reductions for more than 2,000 employees in the Netherlands, France, Germany and elsewhere. For further information, please contact Erik Ljungberg, Senior Vice President, Corporate Relations, tel. +46 8 553 835 57. Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company's operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 35,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2008, invoiced sales totalled SEK 89 billion and net income amounted to SEK 8.9 billion. Scania press releases are available at www.scania.com
Scania introducing four-day week for 12,000 employees in Sweden
| Source: SCANIA AB