Volvo layoff: Carmaker to cut 2,500 jobs globally as Q3 loss widens, to affect about 6% of workforce(Soban News)

Volvo Cars announced it would cut about 2,500 jobs worldwide, 2,000 of which are in Sweden, saying it was facing “a very tough environment”, including US tariffs and “hypercompetition” from local brands in China. 

​Volvo Cars announced it would cut about 2,500 jobs worldwide, 2,000 of which are in Sweden, saying it was facing “a very tough environment”, including US tariffs and “hypercompetition” from local brands in China.  by Soban News (international And National News)