Posted inTalent Ecosystem

Coronavirus Impact: AB Volvo to cut 4,100 white-collar jobs as part of cost-cutting measures

Sweedish automobile manufacturer, AB Volvo recently said it plans to cut its white-collar workforce by around 4,100 positions during the second half of 2020 due to the effects of the COVID-19 pandemic. The recent development at Volvo follows a similar measure taken by fellow truck maker Scania to reduce jobs due to the coronavirus pandemic. […]