2026-10-23 12:03 utc · telegraph.co.uk
Volvo cuts 2,500 jobs, market knocks off a billion anyway
Falling sales triggered a 5bn kronor 'cost-cutting plan,' Volvo's euphemism for removing 2,000 Swedish jobs and change. Investors still docked £1bn, proof that shrinking the workforce isn't the flex it used to be.
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