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Volvo Cars to cut 2,000 jobs in Sweden, but Volvo Trucks shows strength

Volvo Cars plans to cut staff by 2,500 people, of whom 2,000 are in Sweden, as it seeks to save 5 billion kronor a year to improve profitability, the company said in an announcement on Friday. But Volvo Group overall reports a strong quarter.

Volvo Cars to cut 2,000 jobs in Sweden, but Volvo Trucks shows strength

We haven't written up this one. The Local Sweden has the full story — the link below goes straight to it.

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