{"id":1127090,"date":"2019-07-17T07:08:00","date_gmt":"2019-07-17T12:08:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=fbf015e59071cc4027e035428a26fbf0"},"modified":"2019-07-17T07:23:58","modified_gmt":"2019-07-17T12:23:58","slug":"swedens-sandvik-to-cut-2-000-jobs-as-demand-turns-weaker","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1127090","title":{"rendered":"Sweden&#8217;s Sandvik to cut 2 000 jobs as demand turns weaker"},"content":{"rendered":"<p>Swedish engineering group Sandvik reported quarterly operating earnings below market expectations on Wednesday and said it would cut around 2 000 jobs to buttress profitability in the face of early signs of slowing market demand.<\/p>\n<p>Sandvik said it had seen weaker demand in its parts of its business, primarily from customers in the automotive and general engineering sectors, towards the end of the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swedish engineering group Sandvik reported quarterly operating earnings below market expectations on Wednesday and said it would cut around 2 000 jobs to buttress profitability in the face of early signs of slowing market demand.<\/p>\n<p>Sandvik said it had 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