Battery giant Northvolt to cut 25% of workforce in Sweden
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 at The Local. It's published each Saturday and with Membership+ you can also receive it directly to your inbox.
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.
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 laid off about 20% of its employees.
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.
Northvolt cuts 1,600 in Sweden amid financial struggles
GREEN BATTERY manufacturer Northvolt has plans to cut 1,600 jobs across its operations in an ongoing effort to survive in the “challenging macroeconomic climate” of the European EV market.
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 energy and investment on (its) core business” amid financial difficulties.
Northvolt to axe 1,600 jobs as Europe's EV hopes stall
Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, including 1,000 positions at its Northvolt Ett factory in Skelleftea in the north of the country, the cash-strapped company said on Monday.
Northvolt to Cut 1,600 Jobs in Sweden -- Update
STOCKHOLM--Troubled battery maker Northvolt will cut 1,600 jobs in Sweden, around 20% of its global workforce, confirming comments from earlier this month that job losses were expected following a period of aggressive expansion and as the global electric-vehicle market cools.
Swedish battery maker Northvolt to slash 1,600 jobs, quarter of staff
Sweden's beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as it struggles with strained finances and a slowdown in demand. The loss of 1,
Battery maker Northvolt to lay off 1,600 jobs in Sweden
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 Local1d
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 ...
Automotive News2d
How Europe's battery hope Northvolt has become a symbol of the EV bust
Burning cash as it struggles to deliver the batteries it promised customers, Northvolt is shedding a fifth of its staff. With ...
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 ...
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 ...
The Local1d
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 ...
Sveriges Radio1d
Radio Sweden Weekly: Can foreign workers stay in Sweden if they lose their job?
Battery manufacturer Northvolt is cutting around 1,600 jobs across Sweden — we go through what happens when you lose your job ...
Yahoo Finance2d
Northvolt Lenders Meet as Battery Maker Hangs by Thread
including a $1.5 billion loan tranche guaranteed by Sweden’s National Debt Office. The EV supplier now finds itself in a ...
The Local2d
'It was terribly mismanaged': Former Northvolt workers call for accountability
Two former Northvolt employees have told The Local that they believe the top management should be held accountable for the ...