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Volvo Cars’ Novo Energy to cut 50% of workforce amid restructuring
finance.yahoo.com/news/volvo-cars-novo-energy-cut-110645425.html
In This Article:
Volvo Cars' battery venture Novo Energy has announced a workforce reduction and organisational changes, cutting 50% of its employees.
This decision follows the bankruptcy of its technology partner, Northvolt, due to financial and operational challenges.
The workforce…
This story appeared on finance.yahoo.com, 2025-05-06 11:06:45.