Swedish automobile manufacturer, Volvo Group, is set to reduce its workforce in the United States by up to 800 employees across three of its operational sites in the coming months.
This move comes amid the backdrop of U.S. President Donald Trump’s tariff policies, according to a report by Reuters on Saturday, April 19.
The wave of job cuts isn’t exclusive to Volvo, as several major U.S. companies are also trimming their workforce.
Tech giant, IBM plans to lay off around 9,000 workers across various locations nationwide, while Google recently downsized its Platforms and Devices division, letting go of several hundred employees earlier in April.
Volvo’s decision is part of a broader cost-saving strategy aimed at adjusting production levels in response to a decline in market demand.
“The company is going to lay off 550 to 800 jobs at the company’s Mack Trucks factory in Pennsylvania, United States,” a Volvo spokesperson told Reuters.
The job cuts are expected to extend to two additional Volvo facilities located in Dublin, Virginia, and Hagerstown, Maryland, according to the report.
