Swedish automotive supplier Bulten will reduce its Gothenburg staff by 50%. The company announced it is eliminating 35 positions in the western Swedish city. Bulten employs approximately 70 people at its Gothenburg operations. Most departments face reductions according to company leadership. Product development, sales, finance and customer service roles are all affected.
CEO Axel Berntsson confirmed the cuts in a statement. He said nearly all functions will see some reduction. The move represents a 10% reduction in Bulten's total workforce nationwide.
Bulten supplies fasteners and other components to Volvo Cars and other manufacturers. The automotive industry faces challenges as demand shifts toward electric vehicles. Suppliers must adapt their operations to remain competitive.
Gothenburg serves as Sweden's primary automotive hub. The city hosts Volvo Cars headquarters and major manufacturing facilities. Local job cuts often indicate broader industry pressures.
This restructuring reflects ongoing transitions within Sweden's automotive sector. Companies must balance workforce stability with necessary operational changes.