Volvo to Slash 800 US Jobs as Q1 Income Falls by $500 Million on Weak Truck Demand
Volvo AB’s income fell in the first quarter as uncertainty over US tariffs hit truck demand in North America. Operating income dropped to 13.3 billion...
Tag : Job cuts
Pentagon plans to cut up to 60,000 civilian jobs
The Department of Defense plans to cut 50,000 to 60,000 civilian jobs, targeting a 5% to 8% reduction in its 900,000-strong workforce. Around 6,000 positions...