Volvo Cars to Close Stockholm Office in Efficiency Drive
12 Articles
12 Articles
Volvo Cars to close Stockholm office in efficiency drive
HELSINKI, Aug 31 (Reuters) - Sweden's Volvo Cars said on Monday it will close its Stockholm office, where 450 people currently work, relocating responsibilities to its Gothenburg headquarters as part of an effort to cut costs and boost efficiency. Th...
Volvo Cars is closing its office in Stockholm and moving resources to the headquarters in Gothenburg, according to a press release.
The Swedish car manufacturer Volvo Cars will close his office in Stockholm as part of a cost-cutting plan, reported to the company.
The Swedish company Volvo Cars announced today that it will close its office in Stockholm on March 1, 2027, a decision that will affect around 450 employees.
Volvo Cars has announced that it will close its Stockholm office by March 2027 and transfer the duties of around 450 employees working there to its headquarters in Gothenburg. The move is part of a comprehensive cost-cutting program at the Swedish carmaker, majority owned by China's Geely, which plans to cut a total of 3,000 jobs.
Volvo Cars is closing its Stockholm office and moving resources to its headquarters in Gothenburg, according to a press release. Around 450 employees will be affected. The office will close on March 1, 2027. “Volvo Cars has decided to concentrate its skills and resources in Sweden into fewer locations by moving most of the responsibilities from the Stockholm office to the company’s headquarters in Gothenburg,” the carmaker writes. The decision w…
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