17 Dec 2008

Doubts over Electrolux NZ jobs

6:06 am on 17 December 2008

Fifty workers at Electrolux in New Zealand will have to wait until the new year to find out whether they'll keep their jobs.

The company plans to cut 3,000 jobs worldwide because of tough market conditions.

Electrolux said demand for appliances in Europe and North America "declined considerably" in the two last weeks of November.

The company has also warned it would not meet its 2008 operating profit target.

Electrolux employs about 50 people in New Zealand in sales, marketing and management roles, mostly based in Auckland.

The company said a decision on the layoffs is yet to be finalised and will depend on trading conditions during the Christmas-New Year retail period.