Volvo Cars Cuts 3,000 Jobs
This is a Sweden news story, published by CNBC, that relates primarily to Volvo Cars news.
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Volvo CarsCNBC
•Technology
Technology
Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive

73% Informative
Volvo Cars says it will cut around 3,000 jobs as part of a major cost-cutting drive.
The move comes after the company announced an 18 billion Swedish kronor ( $1.89 billion ) cost and cash action plan.
Volvo Cars said the job cuts would primarily impact office-based positions in Sweden and represent around 15% of the firm's total workforce.
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