Business ❯Automotive Industry ❯Corporate Restructuring ❯Job Cuts

Volvo Cars

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