Layoff history

Volvo Cars layoffs

2 announcements tracked5,500 jobs affected (reported)

  1. LayoffGothenburg, Sweden · Lund, Sweden · Stockholm, Sweden

    Cuts 2,500 jobs

    Volvo Cars announced plans to cut about 2,500 jobs worldwide, including 2,000 in Sweden. The Swedish cuts mainly affect white-collar roles, especially in Gothenburg, with some impact possible in Lund and Stockholm.

  2. Layoff

    Cuts 3,000 jobs

    Volvo Cars plans to cut about 15% of its global office-based workforce, around 3,000 jobs, to improve cash flow amid slowing EV demand.