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Volvo Cars to Cut 3,000 Jobs Amid Cost-Cutting Measures

Volvo Cars, the Swedish car manufacturer owned by the Chinese conglomerate Geely, is set to cut approximately 3,000 jobs, marking a significant move in the company’s ongoing restructuring efforts. The company, facing mounting pressures in the global automotive sector, will see job reductions primarily in its office-based roles in Sweden, which accounts for about 15% … Read more

Cabinet body okays 104 business reforms

[ Listen to article ISLAMABAD: The Cabinet Committee on Regulatory Reforms (CCoRR), chaired by Federal Minister for Investment Qaiser Ahmed Sheikh, concluded a series of three meetings to review the Regulatory Reform Package-01 submitted by the Board of Investment (BOI). According to an official statement on Thursday, the meetings marked a key milestone in the government’s effort … Read more