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SWEDEN LAYOFFS
FIFA World Cup: Sweden's Elanga earns draw with Japan to keep their hopes aliveSweden secured a crucial 1-1 draw against Japan, with Anthony Elanga's late equalizer ensuring both teams advanced to the World Cup knockou...- India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...
- Ubisoft counts cost of restructuring with record annual lossFrench games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial ...
- It’s not just Microsoft, Google, or Amazon — top European companies have also laid off a massive number of employees since April; here’s what you need to knowEuropean firms are reducing workforce due to economic challenges. Several companies including Stellantis, Volkswagen, and Volvo Trucks have...
- Schaeffler to cut 4,700 jobs as clouds over Europe's auto sector darkenSchaeffler, a German auto parts manufacturer, announced 4,700 layoffs across Europe, primarily in Germany, citing a challenging market envi...
- Ericsson to lay off 1,200 staff in Sweden as 5G spending slowsEricsson plans layoffs in Sweden due to reduced 5G spending. 2024 poses challenges with slowing sales. Analyst underscores 5G issues. Empha...
- Spotify lays off another 200 employees from its podcast unitThe audio company’s heavy investments in podcasts have come under scrutiny as analysts have questioned as to when it will result in racking...
- Online fashion retailer Zalando to lay off hundreds of employeesIn its last quarterly earnings report in November, Zalando said it expected full-year revenues and operating profit to reach the lower end ...
- Telecom gear maker Ericsson to lay off 1,400 employees in SwedenThe company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets,...
- Nokia Siemens to lay off 120 workers in FinlandNokia Siemens Networks, the mobile network equipment maker, said Tuesday it will lay off up to 120 workers in Finland, on top of 450 job cu...
- China's Geely to spend 2.7 billion dollars buying VolvoChinese automaker Zhejiang Geely Holding said Tuesday it will inject up to 900 million dollars into Swedish brand Volvo Cars as it seeks to...
- Defense firm Saab reports Q1 loss, to cut 300 jobsSwedish aerospace and defense company Saab AB on Thursday reported a loss for the first quarter, mainly due to higher research costs, and s...
- Volvo Group to cut more than 1,500 jobs in SwedenSweden's struggling Volvo Group, which has announced thousands of layoffs in recent months, said Wednesday it would slash another 1,543 job...
- Truck maker Volvo slashes 1,600 jobs in SwedenSwedish truck maker AB Volvo said on Tuesday it will lay off more than 1,600 employees in Sweden as it slows production amid falling demand...
- Swedish firms planning large layoffs in 2009: SurveyAfter shedding tens of thousands of jobs in recent months, Sweden should prepare for a new wave of layoffs in 2009.
- Volvo to cut 1,000 jobs in Sweden, North AmericaSwedish truck and bus maker Volvo AB says it will lay off 1,000 staff at its powertrain unit in Sweden and North America.
- Volvo cuts 850 more jobs at construction unitSweden's Volvo AB said on Thursday it planned to slash 850 more jobs at its construction equipment unit because of a slowdown in the market.
- Volvo Cars says to cut some 3,000 more jobsBeleaguered Swedish car maker Volvo, a unit of US auto giant Ford, said Wednesday it planned to cut more than 3,000 jobs in Sweden and abro...
- Volvo Cars plans to cut 900 more jobs in 2009Ford-owned Volvo Cars said on Friday it may have to cut 900 more jobs in Sweden in 2009 as the global car market continues to deteriorate.
- Volvo Cars names Stephen Odell new CEOVolvo Cars has appointed Stephen Odell as its new president and chief executive officer, effective from Oct. 1, the Ford-owned company said...
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