Browsing: job cuts

Swedish car manufacturer Volvo Cars plans to eliminate 3,000 jobs globally as part of cost-cutting measures, affecting around 15% of its office-based workforce.

Swedish automaker Volvo Cars announces plans to cut 3,000 jobs, primarily office-based positions in Sweden, as it navigates high costs, slowing electric vehicle demand, and trade tariff uncertainties.

The luxury automaker Audi joins Aston Martin in announcing job cuts as the automotive industry shifts towards electric vehicles.

The luxury carmaker Aston Martin plans to cut 170 jobs, about 5% of its workforce, to achieve £25 million in savings due to supply chain issues, weak Chinese demand, and ongoing losses.

Czech car manufacturer Skoda is planning to cut approximately 6,000 jobs as it navigates the costly transition to electric vehicles, despite a global drop in demand.

The luxury carmaker is reducing its workforce as part of a cost-cutting plan.