The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...

May 27 (UPI) -- Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan.

Volvo Cars will cut around 3,000 jobs, representing about 15% of its white-collar workforce in Sweden, according to the BBC.

Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high ...

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces ...

A German court on Monday convicted four former Volkswagen managers of fraud and gave two of them prison sentences for their ...

Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in ...

Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The ...

Sweden's Volvo said Monday it would cut 3,000 jobs, or around 15 percent of its office-based workforce, as part of a $1.9 ...

Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China's Geely Holding ...