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The cuts continue, leaving workers scarred by the outcomes. Volvo Cars has announced more layoffs for 2025, targeting around 3,000 jobs this time around. The Volvo employees being laid off primarily represent around 15% of the company’s white-collar workforce, which will help the company face the profit slump it reported recently. The reorganization efforts are part of a wider strategy to cut costs and make the organization more resili
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nt. What do Volvo’s cost-cutting needs have to do with job losses? Unfortunately, cutting down on the workforce has long been one of the quickest ways to bring down company expenses, and