#Latest news with #VOLCARBWall Street Journal26-05-2025AutomotiveWall Street JournalVolvo Car to Cut Around 3,000 JobsSTOCKHOLM–Volvo Car VOLCAR.B 3.30%increase; green up pointing triangle said it would cut around 3,000 jobs as part of a wider plan to slash costs and become more efficient amid a challenging global auto market. The Swedish carmaker warned last month that job cuts were on the way as it launched a cost and cash action plan totaling 18 billion kronor ($1.89 billion).
Wall Street Journal26-05-2025AutomotiveWall Street JournalVolvo Car to Cut Around 3,000 JobsSTOCKHOLM–Volvo Car VOLCAR.B 3.30%increase; green up pointing triangle said it would cut around 3,000 jobs as part of a wider plan to slash costs and become more efficient amid a challenging global auto market. The Swedish carmaker warned last month that job cuts were on the way as it launched a cost and cash action plan totaling 18 billion kronor ($1.89 billion).