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119 new news items in the last 24 hours
  1. Home
  2. International

Volvo announces layoffs of 3,000 in Sweden, 15% of workforce, as part of $1.9 billion restructuring plan

Raluca Ioana Draghici
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27 May 2025, 12:05
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Swedish carmaker Volvo will lay off about 3,000 employees, mostly in offices, as part of an 18 billion Swedish kronor restructuring plan. Chief executive Håkan Samuelsson cited difficulties facing the auto industry, including high tariffs and falling sales. In addition, other car companies such as Nissan and Stellantis have announced significant job cuts amid weak sales.

Sources

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Adevarul
Video Un producător auto anunță concedieri în masă pentru a reduce cheltuielile. Vor fi dați afară 3.000 de angajați
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Newsweek
VIDEO Criza din industria auto: Chinezii concediază 3.000 de angajați Volvo din Suedia
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EVZ.ro
Val de concedieri la Volvo.Măsuri drastice pentru reducerea costurilor - Evenimentul Zilei
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independent.co.uk
Chinese-owned Volvo announces 3,000 job cuts
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Antena3
Continuă concedierile în masă la producătorii auto: Volvo va da afară 3.000 de angajați ca să-și reducă cheltuielile
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Mediafax
Volvo Cars concediază 3.000 de angajați din cauza crizei din industria auto
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News.ro
Volvo Cars concediază 3.000 de angajaţi, în cadrul unui plan amplu de reducere a costurilor
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G4Media
Volvo Cars concediază 3.000 de angajaţi, în cadrul unui plan amplu de reducere a costurilor

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NEWS ON THE SAME TOPICS

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Economy
Volkswagen AG will lay off 50,000 employees by 2030, according to CEO Oliver Blume
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Volkswagen will reduce its workforce by 19,000 employees in Germany by the end of the year, as part of a streamlining strategy.
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International
Volkswagen announces the elimination of 50,000 jobs in Germany by 2030, with the possibility of increasing the number of layoffs by another 50,000 positions.
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The CEO of Volkswagen announced that the group could lay off 50,000 employees globally, in the context of rising costs and weak demand.
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Porsche lays off 5,000 employees in Germany to reduce costs
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International
The CEO of Volkswagen announced a major reorganization of the group, including possible layoffs of up to 120,000 employees.
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Volvo Redundancies restructuring plan reducing the workforce automotive industry falling sales

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