News

March 31, 2025

Northvolt lays off half of staff as bankrupt battery-maker seeks buyer

Northvolt bankruptcy trustee Mikael Kuba told staff on Monday


Mimi Billing and Freya Pratty

3 min read

Swedish gigafactory Northvolt

Embattled Swedish battery-maker Northvolt has laid off more than half of its staff, weeks after filing for bankruptcy.

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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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