Volvo Cars to lay off 3,000 employees, primarily in Sweden
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 26 2025
0mins
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.
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.
