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Volvo Cars to Cut 2,500 Jobs in Cost-Saving Drive as Losses Mount
Volvo Cars is introducing a new cost-cutting package that will eliminate 2,500 jobs. In Sweden, 2,000 positions will be affected.
Cars
Volvo Union Reports Growing Anxiety Amid Staff Reduction Plans
It has been a turbulent spring for the automotive industry. Now, the anxiety is increasing even more after the announcement of staff reductions, notes Adrian Avdullahu, chairman of the IF Metall club at Volvo Cars. It is clear that there is a certain anxiety among our members, he says.
Business