Volvo Cars said the exact number of job cuts in other countries will be decided after a full review of its organisation.

Volvo will terminate 1,200 office-based employees in Sweden, 1,000 consultants in Sweden, and the remaining 800 from its worldwide workforce.

Volvo Cars will cut around 3,000 jobs, representing about 15% of its white-collar workforce in Sweden, according to the BBC.

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

Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in ...

The Sweden-based car company said in a release Monday that the move is part of its “cost and cash action plan” that is ...

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

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

Volvo Cars, based in Sweden, is going to layoff 3,000 employees globally. These layoffs are the part of a cost-cutting ...

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

French President Emmanuel Macron’s Vietnam visit and Swedish automaker Volvo Cars’ layoffs are both, in some ways, responses ...

The two automakers announce significant job cuts as they navigate market challenges and restructure for future ...