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Volvo Cars cuts 15% of U.S. headquarters workforce amid general cutbacks
the matter. Some of the cuts were made through attrition. Volvo’s U.S. field staff is not affected. “Volvo Cars is taking measures to become a leaner, more efficient organization with a structurally lower cost base,” a Volvo spokeswoman said in a statement. The U.S. remains a key market for Volvo, which saw its U.S. sales rise 6% to 64,680 in the first half of 2025, while global deliveries fell 9%. Volvo is facing tariffs in the U.S. mark...
News Updated at: 2025/07/11