Volvo Cars announced that it will cut down around 3,000 jobs as a part of a restructure due to the high costs and low demand for electric vehicles. Volvo Cars announced that it will cut down ...

Volvo aims to lift its stock value and spur demand through a strategic overhaul and cost-cutting measures. Credit: William Barton / Shutterstock.com. Volvo Cars is set to cut around 3,000 jobs as ...

Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The Sweden-based car company said in a release Monday that the move is part of ...

Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it ...

Volvo, the Swedish car company, has been popular with family car buyers looking for a safe and efficient vehicle. The Volvo Group's origins can be traced back to 1927, when Assar Gabrielsson and ...

STOCKHOLM–Volvo Car VOLCAR.B-0.91%decrease; red down pointing triangle said it would cut around 3,000 jobs as part of a wider plan to slash costs and become more efficient amid a challenging ...

Luxury automaker Volvo is slashing 3,000 jobs, representing about 15% of the company's office-based workforce. The announcement made Monday says the most impacted positions are in Sweden.

Layoffs represent some 15% of company's total office staff Group announced plans last month to slash costs by $1.9 billion Volvo Cars more exposed than many European peers to U.S. tariffs ...

May 27 (UPI) --Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan. The company announced the cuts in a press release Monday as it said the cuts ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces challenges from trade tensions and resulting economic uncertainty.

Is the Volvo XC90 Plug-in Hybrid a Good SUV? The refreshed 2025 Volvo XC90 Plug-in Hybrid is a stunner; from the timeless luxury of its cabin to its seamless blend of gas and electric power ...