The company has cited “market uncertainty about freight rates and demand, possible regulatory changes, and the impact of tariffs” as key reasons for the layoffs.

Late last week Volvo Group North America announced it planned to lay off hundreds of workers at its Mack Trucks and Volvo Trucks operations in Pennsylvania, Maryland and Virginia over the next three months. The global truck maker is taking the action to “align production with reduced demand for our vehicles,” a company spokesperson said.