Scania to Cut 750 Jobs in Sweden as Market Slumps

Scania will cut 750 jobs in Sweden—including 400 in HR and 300 in business operations—amid a 15.4% downturn in the European heavy truck market during the first half of 2025. Germany (-27.5%) and France (-18.8%) recorded the sharpest declines.
Parent company Traton has warned of weaker demand, U.S. trade tariffs, and a stronger Swedish krona. The cuts come amid broad industry restructuring, with major consolidations such as the Hino–Mitsubishi Fuso merger, Tata’s acquisition of Iveco, and Daimler Truck’s announced workforce reductions.