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Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive

CNBC
Summary
Nutrition label

71% Informative

Battery maker Northvolt plans to cut 1,600 jobs in Sweden as part of cost-cutting drive.

Northvolt is one of Europe 's most valuable privately-held tech firms that builds lithium-ion batteries for the electric vehicle industry.

It has partnerships with major European automakers, including Volkswagen and Volvo .

VR Score

79

Informative language

85

Neutral language

18

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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