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GM, Ford Supplier Autoliv Slashes France Headcount By 20%

Benzinga ·  10/30/2023 21:19

Automotive safety systems supplier Autoliv Inc (NYSE:ALV) plans to reduce its headcount in France as part of the previously announced initiatives to reduce its global headcount and optimize its footprint. On June 8, Autoliv announced its intention to reduce up to 2,000 indirect employees. The announcement is the final major communication related to the indirect headcount reduction initiative announced in June, as per the company. The company will slash its workforce in France by about 20% or approximately 320 employees at its major plants in France. Autoliv aims to initiate these reductions in the first half of 2024, and they are expected to be

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