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

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

Volvo is taking drastic measures in response to new tariffs, announcing mass layoffs and a sales delay. Learn how these ...

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 Cars is set to cut approximately 3,000 jobs, primarily affecting white-collar employees, as part of a significant restructuring plan. CEO Håkan Samuelsson aims to save $1.9 billion through ...

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

Volvo Cars plans to reopen its South Carolina plant this weekend, saying Mat 30 that it was forced to halt production over an ...

Volvo Group’s decision to lay off nearly 1,000 workers is part of the global attack on the jobs, wages and conditions of the ...

As tariffs continue to cause uncertainty in the automotive industry, Volvo is cutting jobs and raising prices. Though tariffs have yet to be implemented by the United States government ...