Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive

By CNBC | Sep 23, 2024 at 07:42 AM EST

The State Archaeological Office employees displayed pictures of finds from a construction trailer during an investigation at the Northvolt site. Northvolt, a battery maker in Sweden, announced plans to cut 1,600 jobs to focus on large-scale cell manufacturing.

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