Automakers

Volvo will cut 1,300 Swedish jobs as coronavirus speeds up change

B
By:
Bloomberg
April 29, 2020 08:37 AM

STOCKHOLM -- Volvo Cars will lay off 1,300 white-collar employees in Sweden, with the automaker saying it needs to step up its shift to new products and business models amid the coronavirus pandemic.

Staying current is easy with newsletters delivered straight to your inbox.