Layoffs

Volvo Terminations/Layoffs

Have you been affected by the current layoffs, terminations, firing, or restructuring of Volvo? If so comment below and let the community know what is going on inside the organization.

 

Current Confirmations:

No information currently available. Let us know in the comments below if you have something to share.

 

About Volvo:

The Volvo Group (Swedish: Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo) (stylized as VOLVO) is a Swedish multinational manufacturing company headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. In 2016, it was the world’s second largest manufacturer of heavy-duty trucks.

Although often conflated with the luxury vehicle manufacturer Volvo Cars, also based in Gothenburg, the two firms have been independent since AB Volvo sold Volvo Cars to Ford Motor Company in 1999. Since 2010, Volvo Cars has been owned by the Geely Holding Group, a Chinese multinational automotive manufacturing company. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum.

The company first listed on the Stockholm Stock Exchange in 1935 and it was also listed on other NASDAQ indices from 1985 to June 2007.

 

 

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