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Husqvarna CEO Flags Potential Layoffs Amid Production Shift to Asia

MT Newswires·10/21/2026 10:55:42
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10:55 AM EDT, 10/21/2026 (MT Newswires) -- Husqvarna (HUSQ-A.ST, HUSQ-B.ST) warned of an expected workforce reduction as it moves the production of selected battery handheld products from Europe to Asia, Bloomberg News reported Wednesday. In an interview with the news agency following the release of Husqvarna's third-quarter results, the gardening equipment maker's Chief Executive Officer Glen Instone said it is still too early to determine the size of the potential layoffs.