二季度亏损100亿！沃尔沃全球闪电裁员，中国区三天完成裁员283人，赔偿基本为N+3

Core Viewpoint - Volvo reported a significant loss in Q2 due to U.S. tariffs, marking its first quarterly loss since going public in 2021, with a loss of 10 billion Swedish Krona (approximately 7.4 billion RMB) instead of the expected profit of 2.3 billion Swedish Krona (approximately 1.69 billion RMB) [1][2] Financial Performance - The direct cause of the loss was a one-time charge of 11.4 billion Swedish Krona (approximately 8.44 billion RMB) due to a 25% tariff on foreign-made cars, which prevented the profitable ES90 model from entering the U.S. market [2] - Excluding this one-time charge, Volvo's operating profit for Q2 was 2.9 billion Swedish Krona (approximately 2.15 billion RMB), which, while significantly lower than the 8 billion Krona (approximately 5.92 billion RMB) from the same period in 2024, still slightly exceeded market expectations [2] Workforce and Cost-Cutting Measures - In response to the deteriorating business environment, Volvo announced a global layoff of 3,000 employees, representing about 15% of its white-collar workforce, with a one-time restructuring cost of 1.5 billion Swedish Krona (approximately 1.1 billion RMB) [4][5] - The layoffs will primarily affect administrative, research, and strategic departments, with 283 positions cut in China, accounting for 3.5% of its workforce in the region [4][5] Strategic Adjustments - To mitigate the impact of tariffs, Volvo plans to start producing its best-selling XC60 SUV at its South Carolina plant by the end of 2026 to avoid high import tariffs [2] - The company has initiated a cost-cutting plan totaling 18 billion Swedish Krona (approximately 13.32 billion RMB), set to be completed by 2026, and has canceled financial guidance for 2025 and 2026 [5] Market Challenges - Volvo's sales in China fell by 8% in 2024, with a 12% decline in Q1 2025, indicating significant challenges in its electric vehicle transition [6] - The company has faced criticism for its slow pace in electric vehicle development, with recent models like the EM90 and EX30 receiving poor market reception [7][8] Industry Context - Volvo's struggles reflect broader challenges in the European and Japanese automotive sectors, with analysts predicting a tough earnings season due to the ripple effects of U.S. tariffs [3] - Other major automakers, including Nissan, Volkswagen, and Ford, have also announced layoffs and cost-cutting measures, indicating a trend across the industry [5]