Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive

Business

Volvo Cars To Cut 3,000 Jobs As Part Of Major Cost-Cutting Drive

By CNBC

Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China's Geely Holding, announced an 18 billion Swedish kronor ($1.89 billion) c ...Read more