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Home » News » Volvo plans to lay off up to 800 workers amid tariff uncertainty: Reuters

Volvo plans to lay off up to 800 workers amid tariff uncertainty: Reuters

Jessica BrownBy Jessica Brown Business
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Volvo Group plans to fire 800 workers in the US. Due to the uncertainty about Trump's tariff policy.

Volvo Group plans to fire 800 workers in the US. Due to the uncertainty about Trump’s tariff policy. | Photo credit: Reuters

Volvo Group is prepared to dismiss up to 800 workers in three US sites in the coming months in the midst of uncertainty about how the tariff policy of President Donald Trump will affect the lawsuit, Reuters reported.

The Swedish truck manufacturer has informed staff that it will reduce 550 to 800 jobs in its Mack Trucks factory, Pennsylvania, and two Volvo facilities in Dublin, Virginia, and Hagersstown, Maryland, the agency, citing the company.

Volvo needs to align production with a reduced demand from his vehicles, Reuters told a spokesman. The Swedish employment of almost 20,000 people in North America, according to their website.

Trump tariffs are wreaking havoc in an industry that faces growing costs and supply chain, divided education.

More stories like this are notable on Bloomberg.com

Posted on April 19, 2025

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