Northvolt, Sweden
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.
Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won't be affected
Swedish electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal's South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,
EV Battery Maker Northvolt Cuts Jobs Amid Financial Struggles
Northvolt, a leading Swedish EV battery maker, announces layoffs of 1,600 employees due to financial difficulties. Read to know more!
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 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.
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 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.
Sweden’s Northvolt cuts 1,600 jobs amid EV slowdown
Northvolt’s job losses amount to 25% of its Swedish staff, and 20% worldwide.
Another blow for electric vehicle drive as battery startup Northvolt lays off 1,600 workers
Swedish battery maker Northvolt said on Monday it was cutting a fifth of its workforce and scaling back expansion plans in response to "headwinds."
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.
Radio Canada International6h
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 ...
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 ...
Northvolt Hires Advisory Firm Teneo to Tackle Cash Crunch
Sweden’s Northvolt AB has hired consulting firm Teneo for restructuring advice, including contingency planning should the ...
The Asset3h
Northvolt scales back battery ambitions
Swedish battery maker Northvolt is scaling back its growth plans, a move that analysts view as a blow to the ambitious plans ...