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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.
BusinessVolvo Cars is introducing a new cost-cutting package that will eliminate 2,500 jobs. In Sweden, 2,000 positions will be affected.
BusinessVolvo Cars is closing its Stockholm office and moving resources to its headquarters in Gothenburg, according to a press release. Around 450 employees will be affected - staying in the capital while working remotely is not an option.
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