Reported about 21 hours ago
Volvo Group plans to cut 550 to 800 jobs at its U.S. facilities over the next three months, citing market uncertainty and decreased demand influenced by President Trump's tariffs. The layoffs will primarily affect its Mack Trucks site in Pennsylvania and two facilities in Virginia and Maryland, as the automotive industry struggles with rising manufacturing costs and a decreasing order for heavy-duty trucks.
Source: YAHOO