Description
A person walks past Electrolux headoffice in Stockholm December 15, 2008. Electrolux, the world's second-biggest home appliances maker by sales, said on Monday it would undershoot its 2008 earnings forecast and cut over 3,000 jobs globally amid an abrupt slowdown in demand. The Swedish firm said in a statement that demand for appliances in Europe and North America had declined considerably in the two last weeks of November and so far in December. REUTERS/SCANPIX/Janerik Henriksson (SWEDEN). SWEDEN OUT. NO COMMERCIAL OR EDITORIAL SALES IN SWEDEN..