Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive

The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last month.

May 26, 2025 - 13:25
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Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive
The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last month.