How many employees work at Volvo Trucks?
Volvo Trucks AB has approximately 12,120 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Volvo Trucks’s total headcount has declined 0.2% from 12,142 employees in 2023 to 12,120 in 2026.
Is Volvo Trucks hiring right now?
Yes, Volvo Trucks is actively hiring. Volvo Trucks had 133 active job postings in 2026, a 35.4% increase from 2025 — see job openings & hiring trends.
About Volvo Trucks’s Workforce
Volvo Trucks AB is an Industrial Manufacturing company that employs 12,120 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 1928, the company is headquartered in Goteborg, Sweden.
Volvo Trucks's workforce has held roughly steady from 2023 to 2026, down 2.0% year over year in 2026. It fell to a low of 12,045 in 2023 Q3 before recovering. Its workforce is concentrated most in Northern Europe (43.9%), followed by Western Europe (15.1%) and South America (10.6%).
Volvo Trucks's functional groups are Finance and Operations (43.9%), Engineering (30.0%), and Sales and Marketing (26.0%). The average salary is $54,958, ranging from a median of $87,000 in North America to $10,000 in South America.
Volvo Trucks's active job postings rose 35.4% in 2026 to 133, with new postings per month cooling from 133 in 2023 to 48 in 2026. Overall employee sentiment is neutral but declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Goteborg, Sweden
- Founded
- 1928
- Industry
- Industrial Manufacturing
- Employees
- 12,120
- YoY
- -2.0% (-307)
As of March 2026
Volvo Trucks workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Volvo Trucks. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsVolvo Trucks Annual Employee Count (2023-2026)
- Volvo Trucks had 12,120 employees in 2026, a 2.0% decline (-307) from 2025.
- Volvo Trucks had 12,216 employees in 2025, a 1.5% decline (-64) from 2024.
- Volvo Trucks had 12,280 employees in 2024, a 0.9% decline (+184) from 2023.
- Volvo Trucks had 12,096 employees in 2023, a 0.1% decline (+296) from 2022.
Volvo Trucks's total workforce has declined from 12,142 employees in 2023 to 12,120 in 2026. Volvo Trucks's headcount peaked at 12,641 in 2025.
Volvo Trucks AB quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 12,120 | -307 | -2.0% |
| 2025 | Q4 | 12,216 | -64 | -1.5% |
| 2025 | Q3 | 12,381 | +173 | -0.9% |
| 2025 | Q2 | 12,641 | +301 | -0.4% |
| 2025 | Q1 | 12,427 | +287 | -0.6% |
| 2024 | Q4 | 12,280 | +184 | -0.9% |
| 2024 | Q3 | 12,208 | +163 | -1.2% |
| 2024 | Q2 | 12,340 | +198 | -1.2% |
| 2024 | Q1 | 12,140 | +240 | -0.7% |
| 2023 | Q4 | 12,096 | +296 | -0.1% |
| 2023 | Q3 | 12,045 | +399 | +0.3% |
| 2023 | Q2 | 12,142 | +590 | +1.3% |
See Volvo Trucks's complete headcount history, including quarterly breakdowns.
Get the DataVolvo Trucks Employee Count by Region (2026)
Northern Europe accounts for the largest share of Volvo Trucks's global workforce with approximately 44% of total employees, followed by Western Europe and South America.
Volvo Trucks employees by region
| Region | Employees | % of Total |
|---|---|---|
| Northern Europe | 5,283 | 43.9% |
| Western Europe | 1,819 | 15.1% |
| South America | 1,275 | 10.6% |
| North America | 1,109 | 9.2% |
| South Asia | 840 | 7.0% |
| Eastern Europe | 441 | 3.7% |
| Sub-Saharan Africa | 237 | 2.0% |
| East Asia | 226 | 1.9% |
| Southern Europe | 210 | 1.7% |
| Pacific Islands | 134 | 1.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataVolvo Trucks Employee Count by Department (2026)
Volvo Trucks's employee groups are Finance and Operations (43.9%), Engineering (30.0%), and Sales and Marketing (26.0%).
Volvo Trucks employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 5,299 | 43.9% |
| Engineering | 3,620 | 30.0% |
| Sales and Marketing | 3,141 | 26.0% |
Compare Volvo Trucks's department mix to industry peers.
See Full DataVolvo Trucks Employee Salary by Region (2026)
Volvo Trucks's average employee salary is $54,958 globally. Employees in North America receive the highest compensation, with median pay approximately 1.6x the global average. Pay is lowest in South America, at a median of $10,000.
Volvo Trucks median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $87,000 |
| Northern Europe | $59,000 |
| Western Europe | $58,000 |
| Pacific Islands | $56,000 |
| East Asia | $49,000 |
| Southern Europe | $33,000 |
| Arab States | $28,000 |
| Eastern Europe | $27,000 |
| Southeast Asia | $23,000 |
| Central and Western Asia | $21,000 |
| Central America and the Caribbean | $20,000 |
| Sub-Saharan Africa | $17,000 |
| South Asia | $13,000 |
| North Africa | $11,000 |
| South America | $10,000 |
Unlock salary by role, level, and city — and compare to Volvo Trucks's industry peers.
Unlock Salary DataVolvo Trucks Job Openings and Hiring Trends (2023-2026)
- Volvo Trucks had 133 active job postings in 2026, a 35.4% increase (+19) from 2025.
- Volvo Trucks had 114 active job postings in 2025, a 40.0% increase (+38) from 2024.
- Volvo Trucks had 76 active job postings in 2024, a 8.2% increase (+6) from 2023.
- Volvo Trucks had 70 active job postings in 2023, a 41.4% increase from 2022.
- Hiring velocity in 2026: 48 new roles/month, down from 69 in 2025 and 64 in 2024.
Volvo Trucks's active job postings rose 35.4% in 2026 to 133, with new postings per month cooling from 133 in 2023 to 48 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataVolvo Trucks Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Volvo Trucks's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Volvo Trucks
- How fast is Volvo Trucks growing?
- In 2026, Volvo Trucks's headcount shrank 2.0% to 12,120 employees, down from 12,427 in 2025.
- See the full headcount history
- Where are Volvo Trucks employees located?
- Most Volvo Trucks employees are based in Northern Europe (43.9% of headcount), followed by Western Europe and South America.
- Explore where the workforce is based
- What is the average salary at Volvo Trucks?
- The average employee salary at Volvo Trucks is approximately $55k per year.
- Analyze the salary distribution
- How many new job postings does Volvo Trucks open per year?
- In Q1 2026, Volvo Trucks opened 145 new job postings. In 2025, Volvo Trucks opened 830 new job postings — about 69 per month.
- Track hiring trends by role
- When was Volvo Trucks founded and where is it headquartered?
- Volvo Trucks was founded in 1928 and is headquartered in Goteborg, Sweden.
- Compare Volvo Trucks to industry peers
Speak with a workforce expert about Volvo Trucks.
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