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Volvo Cars has announced layoffs at facilities in Sweden and the U.S. amid a “challenging period,” officials said.

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Volvo Cars will cut around 3,000 jobs, representing about 15% of its white-collar workforce in Sweden, according to the BBC.

Volvo will terminate 1,200 office-based employees in Sweden, 1,000 consultants in Sweden, and the remaining 800 from its worldwide workforce.