Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of hundreds of layoffs in three ...

Some companies have announced layoffs while citing the market impact from President Donald Trump’s far-reaching tariffs.

Volvo added the cost-cutting program will result in layoffs and withdrew its 2025/ 2026 financial guidance. US President ...

Sweden-based Volvo Cars launched a cost-cutting plan totalling 18 billion Swedish crowns ($1.87 billion) as its operating ...

STOCKHOLM: Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns ($1.87 billion) on Tuesday as ...

Volvo is planning to lay off hundreds of employees across multiple states due to a combination of factors, including tariffs ...

Volvo Group said its so-called “cost and cash action plan” would include reductions in investments and redundancies at its operations across the globe.

Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of hundreds of layoffs in three states amid market uncertainty and recent tariffs. Volvo Group ...

Volvo CEO explains the factors behind the decision to reduce its workforce in three states while sparing its Greensboro headquarters from job cuts.

Volvo Cars announced cost cuts of 18 billion Swedish crowns ($1.87 billion) on Tuesday, withdrew its earnings forecast for ...

Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of hundreds of layoffs in three states amid market uncertainty and recent tariffs. Volvo Group ...