The carmaker warned last month that job cuts were on the way as it launched a plan to reduce costs.

Volvo Cars is set to cut approximately 3,000 jobs, primarily affecting white-collar employees, as part of a significant ...

Volvo Cars said May 26 that its cutting 3,000 positions, many in its homeland of Swenden, under a cost-reduction program ...

The majority of the job cuts will affect office-based positions in Sweden. Volvo Cars said the decision would help to build a ...

The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces ...

The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...

Volvo Cars is set to cut around 3,000 jobs as part of a restructuring initiative aimed at addressing high costs, slowing EV ...

Volvo will incur restructuring costs of as much as 1.5 billion Swedish kronor ($140 million) that will impact the company’s ...

Volvo Cars is set to cut 3,000 jobs, primarily affecting white-collar positions, as part of a restructuring aimed at managing ...

Volvo Cars said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the United States due to changing market conditions and evolving trade policies, ...

In the first quarter, the auto maker had 43,500 full-time employees and 3,000 staffing agency personnel, according to its ...