Volvo plans to layoff 600 employees

DUBLIN, VA (CBS)- Volvo has announced layoffs that could mean more than 600 people will soon be jobless in Virginia's New River Valley.

Volvo spokesman Jim McNamara says these are permanent layoffs affecting hourly workers at the Dublin, Virginia plant. Nearly 1,000 employees were laid off at the facility last Spring.

The upcoming layoffs were said to be brought on by declining customer demand which has led to reduced production capacity. These cuts, expected in March and April, will sideline 40 percent of the truck assembly plant's remaining workforce.