A Swedish commission has recommended that international adoptions be stopped after an investigation found a series of abuses ...

Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade tensions ...

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

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

The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its ...

The Volvo Cars layoffs mark another cut in the automotive industry’s attempt to cut costs and realign the business with ...

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

Volvo will terminate 1,200 office-based employees in Sweden, 1,000 consultants in Sweden, and the remaining 800 from its worldwide workforce.

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

Volvo is taking drastic measures in response to new tariffs, announcing mass layoffs and a sales delay. Learn how these ...

Volvo Cars temporarily halted production at its Lowcountry plant because of a parts shortage but said it had solved the ...

May 27 (UPI) --Swedish automaker Volvo plans to fire approximately 3,000 employees as part of its new cash action plan. The company announced the cuts in a press release Monday as it said the cuts ...