Volvo Cars lays off 1,300 employees in Sweden

1,300 employees at Volvo Cars will lose their jobs.
The car manufacturer announces this in a press release.

The car manufacturer Volvo Cars is laying off 1,300 employees in Sweden, the company writes in a press release.

The decision affects 1,100 jobs at Volvo Cars and another 200 in various areas around the country.

This corresponds to 6 percent of the workforce in the country, reports Dagens Industri.

The company says it is restructuring to “ensure the company has all the relevant skills needed to succeed in next-generation mobility”.

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