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Bloomberg Quint

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Volvo To Cut Up To 800 US Jobs Amid Tariff Uncertainty: Reuters

  • Volvo is planning to cut up to 800 jobs at its three US sites amid uncertainty over President Donald Trump's tariff policy and the impact on demand.
  • The layoffs will affect Volvo's Mack Trucks factory in Pennsylvania, as well as two Volvo facilities in Virginia and Maryland.
  • Volvo wants to align its production with reduced demand for its vehicles.
  • The truckmaker employs nearly 20,000 people in North America.

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