Autoliv provides indirect headcount reductions update.
Auto Business News-October 6, 2023--Autoliv provides indirect headcount reductions update
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Auto Business News - 06 October 2023
Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), a Sweden-based company involved in automotive safety systems, on Thursday, October 5, provided an update on its ongoing initiatives to reduce its global headcount, including downsizings of 300 indirect employees in China, Japan, Sweden, the United States, and the closure of an office in the Netherlands.
Autoliv says that it continues to adapt and reduce its total workforce and optimise its geographic footprint. On June 8, 2023, Autoliv announced its intention to reduce up to 2,000 indirect employees. On July 13, 2023, Autoliv detailed initiatives including intended reductions of 1,100 indirect and direct employees. Today, the company announces an additional 300 indirect...
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