AUTOMOTIVE · GOTHENBURG, VÄSTRA GÖTALAND, SWEDEN

Volvo Cars layoffs

2,500

Employees laid off

As the company stated them.

1

Layoffs

Since 2026.

Oct 23, 2026

Most recent

About 2,500 employees.

Employees laid off by year

01k2k3k4k 2026: 2,500 employees 2026
Chart data
PeriodEmployees
20262,500

Layoffs at Volvo Cars

About 2,500 employees · 6% of the workforce

Volvo Cars will cut about 2,500 more jobs, roughly 6% of its workforce and about 2,000 of them in Sweden, after swinging to a third-quarter operating loss amid weak EV demand, tariffs and a slump in China.

Where
Mostly Sweden (about 2,000)
Source
Reuters (via WHBL) (opens in a new tab) News report, Oct 23, 2026

How we count

Each layoff is an announcement a company made or confirmed, with at least one source. Employee totals add the numbers as stated: “about”, “at least” and “up to” figures count as given, and layoffs without a number count toward companies and layoffs only. Headquarters filters use where a company is based, not where the cuts happen.

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