Northvolt confirms layoffs of more than 400 white-collar workers
Briefly

The Unionen union reported that 180 of its members at Northvolt Ett, along with 158 from expansion efforts, will be losing their jobs.
Both unions stated that the job losses were lower than anticipated amid ongoing financial strains due to decreased electric vehicle sales and competition.
In an effort to cut expenses, Northvolt revealed plans to reduce its workforce by 1,600 employees, affecting nearly a quarter of its staff.
As Northvolt Ett Expansion AB filed for bankruptcy, the company has faced significant financial pressures, narrowly avoiding further insolvency with a substantial tax payment.
Read at www.thelocal.se
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