Volvo announces 800 layoffs in the US, blaming tariffs and a declining market
In light of continuing market uncertainty and falling demand, which has been worsened by tariffs implemented under President Trump’s administration, Volvo Group has declared intentions to lay off as many as 800 employees at three of its U.S. sites within the next three months. The Mack Trucks facility in Macungie, Pennsylvania, and the Volvo Group … Read more