Volvo Cars to Cut 3,000 Jobs Amid Cost-Cutting Measures | The Express Tribune
Volvo Cars, the Swedish car manufacturer owned by the Chinese conglomerate Geely, is set to cut approximately 3,000 jobs, marking a significant move in the company’s ongoing restructuring efforts. The company, facing mounting pressures in the global automotive sector, will see job reductions primarily in its office-based roles in Sweden, which accounts for about 15%…