Volvo Cars to cut 3,000 jobs, primarily in Sweden
May 27, 2025
Car manufacturer Volvo Cars, owned by the Chinese Geely group, will cut 3,000 jobs (about 7% of its total workforce), primarily in Sweden. It’s a decision as part of the cost-cutting announced at the end of April. The goal is “to make Volvo cars more resilient in an era where the automotive industry is confronted […]