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Sweden's Northvolt to Cut 20% of Staff
Sweden’s Northvolt to Cut 20% of Staff Amid Liquidity Crunch
Swedish battery maker Northvolt AB will shed 20% of its headcount globally and suspend the expansion of its main factory in Northern Sweden to stem a financing crunch as electric-vehicle demand slows.
Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive
Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive.
Battery maker Northvolt to cut 1,600 jobs in Sweden
STOCKHOLM (Reuters) -Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, or around one fifth of its global workforce, as slower than expected demand for electric vehicles takes a heavy toll on the auto industry.
The Local
1d
Inside Sweden: How The Local covered the Northvolt layoffs
Inside Sweden is our weekly newsletter for members which gives you news, analysis and, sometimes, takes you behind the scenes ...
4d
on MSN
Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion
Europe’s attempt at building a battery manufacturing powerhouse announced that it had halted work on a factory expansion and ...
5d
Northvolt restructures in Sweden
EV battery firm Northvolt has outlined a review of operations in Sweden which will result in the loss of 1,600 jobs. The move ...
The Local
2d
Employment minister warns Sweden risks losing high-skilled Northvolt workers
Sweden's government plans to work hard with the local authorities to keep the foreign high-skilled workers laid off at ...
13d
Sweden will not take stake in Northvolt, prime minister says
The Swedish state will not take a stake in battery maker Northvolt and the company's future must be determined by its private ...
City News
5d
Battery giant Northvolt to lay off 1,600 people in Sweden: Will this affect Quebec’s future plant?
Swedish battery maker Northvolt will lay off 1,600 employees in Sweden, a fifth of its workforce, as it seeks to “focus all ...
Radio Canada International
4d
Employees at Northvolt may be forced to leave Sweden
Many employees at Northvolt are in Sweden on work visas and now risk being forced to leave the country if they lose their ...
The Local
1d
Swedish union: Work permit holders need 'targeted efforts' to stay after Northvolt layoffs
Foreigners affected by the 1,600 job cuts at Northvolt, Sweden's struggling battery manufacturer, now need 'targeted measures ...
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