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Volvo Plans 2,500 More Job Cuts After 3,000 Layoffs, Targets $500 Million Savings

Volvo Plans 2,500 More Job Cuts After 3,000 Layoffs, Targets $500 Million Savings

RSS excerpt

Volvo Cars plans to eliminate another 2,500 jobs after cutting 3,000 roles earlier this year, as the Swedish automaker seeks $500 million in savings amid mounting pressure from Chinese rivals, weak demand and tariff-related headwinds.

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