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Poor profitability pushes Volvo Group to increase layoffs

The slowdown in the European automotive market has translated into more bad news for white-collar employees at Volvo Group, as the company continues to implement its restructuring strategy. The CV manufacturer has announced additional job cuts after reporting weaker-than-expected operating profits. Subscribe to Automotive World to continue reading Sign up now and gain unlimited access … Continued

The slowdown in the European automotive market has translated into more bad news for white-collar employees at Volvo Group, as the company continues to implement its restructuring strategy. The CV manufacturer has announced additional job cuts after reporting weaker-than-expected operating profits.

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https://www.automotiveworld.com/articles/poor-profitability-forces-volvo-group-increase-layoffs/

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