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Volvo Cars to slash 3,000 jobs
Mint Bangalore
|May 27, 2025
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it said on Monday.
The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its cars by restructuring part of its business and cutting costs.
Cette histoire est tirée de l'édition May 27, 2025 de Mint Bangalore.
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