Volvo Fires People as Tariffs Bite
7 Articles
7 Articles
Volvo Fires People as Tariffs Bite
American car companies have told Donald Trump that tariffs on cars and car parts will wreck their bottom lines. Ford just told its dealers it will almost certainly raise prices in June to offset the increase in their expenses because of tariffs. Jaguar and Land Rover say they will stop sending cars to the United States. As tariffs raise car prices, the next move for manufacturers is bound to be layoffs. Volvo, which Zhejiang Geely owns, has just…
Volvo Job Cuts for a Fresh 250 Employees in Dublin Factory
Volvo North America declared the second job cut round in New River Valley, Dublin, Virginia. The anticipated layoff of anywhere between 250 and 350 employees over the next 90 days has become necessary due to poor market conditions in response to lower demand for trucks. Round Two of Job Cuts in 2025 This layoff is...
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Volvo joins a growing list of global companies—including Google, Meta, and Amazon—that have recently announced layoffs amid economic uncertainty and shifting market conditions. Swedish automaker Volvo Group, announced job cuts in the US. The layoffs will impact employees at Volvo’s Mack Trucks site in Macungie, Pennsylvania, as well as two major manufacturing facilities in Dublin, Virginia, and Hagerstown, Maryland. These sites have historically…
Volvo Group to trim workforce by 800 over 3 months
Volvo Group North America has informed employees of its intention to let go at least 550 people. The job cuts may even impact up to 800 people at its sites in in Macungie, Pennsylvania, as well as Dublin, Virginia and Hagerstown, Maryland. The reason for the layoffs is the uncertain demand situation given the tariffs plan introduced by the US President, which is disrupting the trade system and is threatening to increase the manufacturing cost in…
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