Autoliv (ALV) to Cut Additional 11% Staff, Reiterates FY23 Guidance

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Autoliv accelerates structural cost reductions; reiterates its full year 2023 indications

June 8, 2023 2:53 AM EDT

STOCKHOLM, June 8, 2023 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces it is accelerating its global structural cost reductions, particularly within its European operations. These actions support Autoliv's medium- and long-term financial targets and the company reiterates its full year 2023 indications.

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