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Volvo Cutting Jobs To Save Costs And Improve Efficiencies

Volvo is spending $88 million globally to reduce costs and will offer early retirement to some employees

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United Auto Workers Are Ready To Strike

Plus Volvo cuts jobs as it pivots to EVs and Stellantis wants lighter battery packs.

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Volvo to cut North American jobs to prepare for EV transition

The restructuring of Volvo's U.S. and Canada operations is part of an $88 million global initiative to tighten spending, drive efficiencies, and update the work force. It does not affect Volvo's production network.

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Volvo Is Cutting Jobs in the US and Canada To Get Ready for the EV Era

Volvo is marching towards an all-electric lineup, planning to have it by 2030. To be able to do it, the Swedish carmaker is shifting operations in the Un.

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Volvo to cut North American jobs to prepare for EV transition

The restructuring of Volvo's U.S. and Canada operations is part of an $88 million global initiative to tighten spending, drive efficiencies, and update the work force. It does not affect Volvo's production network.

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