DFace NewsVolvo Cars cuts 2,500 jobs
Swedish automaker Volvo Cars said it will eliminate 2,500 positions. The company, owned by China's Geely, faces tougher competition from local EV makers at home, along with US tariffs and the end of electric-vehicle subsidies in some markets.
How do you think automakers should balance cost cuts with investing in EV innovation?
#volvocars #evindustry #autoindustry #jobcuts
Source: Euronews