May 27 (UPI) -- Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan.

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

Volvo is taking drastic measures in response to new tariffs, announcing mass layoffs and a price increase for the EX30. Learn ...

The Volvo Cars layoffs mark another cut in the automotive industry’s attempt to cut costs and realign the business with ...

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

Volvo announced a global restructuring plan, announcing a plan to cut 3,000 office jobs, The Independent reported on Tuesday.

Frankfurt (Germany): Volvo Cars has announced plans to reduce 3,000 jobs globally as part of a broad cost-cutting initiative, ...

Swedish carmaker Volvo Car AB has announced a major cost-cutting move to protect its profits. The company will cut 3,000 jobs ...

Swedish automobile firm Volvo Cars will lay off 3,000 employees as part of a cost-cutting program, the company said on Monday ...

Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The ...

Of the 3,000 jobs to be cut, around 1,200 were in Sweden, as well as 1,000 consultants primarily based in the Nordic country, ...