Group 1 - The core viewpoint of the article highlights that Volvo is facing significant challenges due to increased costs from Trump's tariffs and sluggish EV sales, leading to unavoidable large-scale layoffs [1][3]. - Volvo announced plans to cut 3,000 jobs, which represents 7% of its global workforce, focusing on office positions, including 1,200 employees in Sweden and 1,000 consultants [2]. - The company aims to reduce costs by 18 billion kronor through layoffs and investment cuts, although the specific number of layoffs was not disclosed initially [2]. Group 2 - The layoffs are expected to incur additional costs of up to 1.5 billion kronor [3]. - Volvo's electric vehicle sales are relatively high compared to competitors, but the company has been significantly impacted, with operating profit for Q1 2025 dropping to 1.9 billion kronor, a 60% year-on-year decrease [3]. - Due to the uncertainty surrounding Trump's tariffs, Volvo has withdrawn its performance forecast for the fiscal year 2025 [3].