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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. It’s time to log in (or subscribe). Not a member? Subscribe now and let … 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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