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Volvo Cars announces plans to cut 2,000 jobs in Sweden

General
The Local (SE) · Suecia · Prensa23 Oct 2026 · 07:50

Volvo Cars plans to cut 2,500 jobs, some 2,000 of which are based in Sweden, as it seeks to save 5 billion kronor a year to improve profitability, the company said in an announcement on Friday. Meanwhile, AB Volvo reports strong returns.

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