The Volvo “Price and Cash Action Plan” also cut thousands of jobs

Luxury car manufacturer Volvo consists of 3,000 jobs representing about 15% of the company’s office.

The announcement of the announcement on Monday is the most effective positions in Sweden, he said. Basically, white collar workers, according to a media release, are part of the company’s “recently used value and cash plan”.

Comes like the floors Swedish car The price of sharing is trying to resurrect the price and is trying to make a better demand for its cars and cutting costs.

“The automotive industry is in the middle of a difficult period,” Hå Samuelsson, Volvo Automobile President and CEO, in a statement. “To achieve this, we must increase our expenses and lower our expenses. At the same time, we will continue to ensure the development of the needed talent for our ambitious future.”

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In Brussels, Belgium described a Volvo logo on March 4, 2024. (Yves Herman / File Image / Reuters)

Most of the production in Europe and China, Volvo cars are more common than European rivals, and it would be possible to export their cars to the United States

Friday, President Donald Trump From June 1, it threatened to implement 50% of the import of the European Union, but on Monday, Washington and Brussels resumed July 9 to allow negotiations.

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Volvo electric car electricity, home energy and electric vehicle show, London, April 16, 2025, the electric and electric vehicle show is displayed. (Maja Smiejkowska / Reuters)

Volvo logo is being seen within a car dealer in Nijmegen, Netherlands. (Piroschka van de wouw / file photo / Reuters)

Volvo cars’ Most of the most of the most reuters, the shares increased by 3.6% after increasing increase before the announcement of Layrof. It’s still 24% annual.

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In 2024, in 2024, in 2024, Volvo had more than 44,000 employees in the world. It was about 20,000 white collar workers. The automobile manufacturer expects 1.5 billion crowns will be completed.

Reuters contributed to this report.