Volvo Cars to lay off 3,000 employees, primarily in Sweden
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 26 2025
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Should l Buy ?
Source: SeekingAlpha
Volvo Cars Layoffs: Volvo Cars announced it will lay off 3,000 employees as part of a cost-cutting initiative due to trade tensions and economic uncertainty, with most cuts occurring in Sweden.
Impact on Workforce: The layoffs will primarily affect office roles, including 1,200 direct employee cuts and 1,000 consultant positions, while also considering further reductions at U.S. facilities amid demand concerns.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
