The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last ...

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

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

Volvo is looking to lower costs by cutting thousands of jobs, they announced on Monday. Most of its production based in ...

The Ford Motor Company sold Volvo in 2010 to Geely, a Chinese company, because Volvo wasn't selling as well as expected ...

Sweden's Volvo said Monday it would cut 3,000 jobs, or around 15 percent of its office-based workforce, as part of a $1.9 ...

Volvo announced it plans to cut 3,000 positions as President Trump’s tariffs continue to rattle the auto market. The ...

FRANKFURT, Germany — Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces challenges from trade tensions and resulting ...

Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China's Geely Holding ...

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