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Battery maker Northvolt to cut jobs, slash operations

Atlantic News Telegraph 09 Sep 2024
Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations to focus on its main gigafactory in Sweden ... It did not say how many jobs would be cut ... ef-po/jll/rl ... .
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Spotify cuts around 1,500 jobs as growth slows

Paulding Progress 04 Dec 2023
Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut costs amid "dramatically" slower economic growth ... Around 1,500 people will leave the company, Spotify said ... po/rl ... .
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Ikea net profit surges in 2023 as sales rise

News Graphic 29 Nov 2023
Swedish furniture giant Ikea saw a five-fold increase in net profit for its full-year 2023 which ended in August, boosted by rising sales, Ingka Group which owns most Ikea franchises said Wednesday.� ... More from this section. +6 ... ef/po/rl ... .
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Spotify fined $5 million for ‘breaching’ European Union's data rules

Hindustan Times 14 Jun 2023
Music streaming giant Spotify was on Tuesday fined 58 million kronor ($5.4 million) for not properly informing users on how data it collected on them was being used, Swedish authorities said. Spotify (File Photo) ... jll/po/rl ....
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Arctic cold 'no sweat' for electric cars in Norway

Yahoo Daily News 01 Feb 2023
Norwegian electric car owners have a word for the way they feel when they look nervously at their battery indicators while driving in subfreezing weather. "rekkevideangst", or "range anxiety" ... Benassi took the plunge in 2018 ... phy/po/rl ....
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