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

Volvo Cars has announced layoffs at facilities in Sweden and the U.S. amid a “challenging period,” officials said. The post ...

Volvo is taking drastic measures in response to new tariffs, announcing mass layoffs and a price increase for the EX30. Learn ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces ...

Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The ...

May 27 (UPI) -- Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan.

Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in ...

Volvo Cars will cut around 3,000 jobs, representing about 15% of its white-collar workforce in Sweden, according to the BBC.

The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its ...

Volvo will terminate 1,200 office-based employees in Sweden, 1,000 consultants in Sweden, and the remaining 800 from its worldwide workforce.

The Ford Motor Company sold Volvo in 2010 to Geely, a Chinese company, because Volvo wasn't selling as well as expected ...