Polestar’s Strategic Shift: Trimming Workforce to Navigate Market Turbulence
In the face of ‘challenging market conditions,’ Polestar, the electric vehicle (EV) arm of Volvo, is set to reduce its global workforce by approximately 15%, which translates to around 450 employees facing job cuts. This strategic decision made by the car manufacturer owned by Geely is a direct reaction to falling short of the sales […]