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Volvo to cut up to 800 jobs in US amid tariff uncertainty: Report
short by Shristi Acharya / on Saturday, 19 April, 2025
Volvo Group plans to lay off up to 800 workers at three US facilities over the next three months due to market uncertainty after US President Donald Trump's trade tariffs came into effect, Reuters reported. Volvo employs around 20,000 people in North America. The decision was made to align Volvo's production with reduced demand for its vehicles.
read more at Reuters