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May 4, 2023 – Swedish Volvo Cars to cut 1,300 office jobs in a move to accelerate cost-cutting measures. CEO Jim Rowan admits efficiency gains but says more needed. Cites economic headwinds, raw material costs, and competition as challenges. 1,100 job cuts at the main unit, Volvo Personvagnar. 200 more positions to be determined after a thorough review of Swedish entities
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