Business ❯Automotive Industry ❯Corporate Restructuring

Job Cuts

Nissan Volvo Cars Nissan Motor Audi Volvo Employee Benefits

Volvo Cars Cuts 3,000 Jobs and Reorients Toward Plug-In Hybrids

Volvo expects to save roughly €1.7 billion through the cuts to address weakening demand for pure electric vehicles.

Volvo Cars to Cut 3,000 Jobs in $1.9 bn Cost-Saving Plan

Nissan Expands Job Cuts to Over 19,000 Amid Record Financial Losses

Audi Reports 14.4% Profit Decline in Q1 as Challenges Persist