Autoliv, Leading Airbag and Seatbelt Manufacturer, Announces Layoffs of 8,000 Employees
In a significant development impacting the automotive industry, Autoliv, the world’s largest manufacturer of airbags and seatbelts, has announced plans to lay off 8,000 employees. The Swedish company revealed on Thursday that it would implement workforce reductions by cutting approximately 6,000 direct jobs and up to 2,000 indirect positions. The restructuring initiative also includes the … Read more