APPLIANCES firm Electrolux is to shed 3000 workers as a result of sharply declining sales. The Swedish company, who employ about 600 staff in the UK, said the job cuts would affect all their operations worldwide. Electrolux closed a factory in Spennymoor, County Durham, under previous cost-cutting plans earlier this year. The company said demand for appliances had weakened in the last two weeks of November and in December, and issued a profits warning for the full year. They have scrapped previous income targets of up to 3.9 billion Swedish Kronor (£326million) for the full year and said their December income could drop into negative territory as the sharply slowing sales hit a traditionally slower period. More than 3000 workers would be made redundant in the fourth quarter of this year, followed by more job cuts in 2009. Electrolux estimated the cost of the job cuts would be about 1.2billion Kronor (£100million) and amount to an annual saving of 1.1billion Kronor (£92 million).