How many employees work at Volvo Trucks?
Volvo Trucks AB has approximately 10,538 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Volvo Trucks’s total headcount has grown 0.2% from 10,515 employees in 2023 to 10,538 in 2026.
Is Volvo Trucks hiring right now?
Yes, Volvo Trucks is actively hiring. Volvo Trucks had 130 active job postings in 2026, a 47.6% increase from 2025 — see job openings & hiring trends.
About Volvo Trucks’s Workforce
Volvo Trucks AB is an Industrial Manufacturing company that employs 10,538 people worldwide as of March 2026. It is the 10th-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, though it is down 1.6% year over year in 2026. It fell to a low of 10,448 in 2023 Q3 before recovering. Its workforce is concentrated most in Northern Europe (40.2%), followed by Western Europe (14.3%) and North America (11.3%).
Volvo Trucks's functional groups are Finance and Operations (43.2%), Engineering (30.1%), and Sales and Marketing (26.7%). The average salary is $52,949, ranging from a median of $82,000 in North America to $10,000 in South Asia.
Volvo Trucks's active job postings rose 47.6% in 2026 to 130, with new postings per month cooling from 132 in 2023 to 47 in 2026. Overall employee sentiment is neutral but declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Goteborg, Sweden
- Founded
- 1928
- Industry
- Industrial Manufacturing
- Employees
- 10,538
- YoY
- -1.6% (-222)
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 10,538 employees in 2026, a 1.6% decline (-222) from 2025.
- Volvo Trucks had 10,610 employees in 2025, a 1.3% decline (-38) from 2024.
- Volvo Trucks had 10,648 employees in 2024, a 0.6% decline (+152) from 2023.
- Volvo Trucks had 10,496 employees in 2023, a 0.1% increase (+244) from 2022.
Volvo Trucks's total workforce has grown from 10,515 employees in 2023 to 10,538 in 2026.
Volvo Trucks AB quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 10,538 | -222 | -1.6% |
| 2025 | Q4 | 10,610 | -38 | -1.3% |
| 2025 | Q3 | 10,741 | +149 | -0.6% |
| 2025 | Q2 | 10,917 | +226 | -0.3% |
| 2025 | Q1 | 10,760 | +218 | -0.5% |
| 2024 | Q4 | 10,648 | +152 | -0.6% |
| 2024 | Q3 | 10,592 | +144 | -0.8% |
| 2024 | Q2 | 10,691 | +176 | -0.8% |
| 2024 | Q1 | 10,542 | +215 | -0.3% |
| 2023 | Q4 | 10,496 | +244 | +0.1% |
| 2023 | Q3 | 10,448 | +316 | +0.3% |
| 2023 | Q2 | 10,515 | +455 | +1.2% |
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 40% of total employees, followed by Western Europe and North America.
Volvo Trucks employees by region
| Region | Employees | % of Total |
|---|---|---|
| Northern Europe | 4,206 | 40.2% |
| Western Europe | 1,501 | 14.3% |
| North America | 1,178 | 11.3% |
| South America | 1,174 | 11.2% |
| South Asia | 776 | 7.4% |
| Eastern Europe | 396 | 3.8% |
| Sub-Saharan Africa | 269 | 2.6% |
| Southern Europe | 193 | 1.8% |
| East Asia | 172 | 1.6% |
| Pacific Islands | 137 | 1.3% |
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 (43.2%), Engineering (30.1%), and Sales and Marketing (26.7%).
Volvo Trucks employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 4,510 | 43.2% |
| Engineering | 3,144 | 30.1% |
| Sales and Marketing | 2,790 | 26.7% |
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 $52,949 globally. Employees in North America receive the highest compensation, with median pay approximately 1.5x the global average. Pay is lowest in South Asia, at a median of $10,000.
Volvo Trucks median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $82,000 |
| Northern Europe | $59,000 |
| Western Europe | $56,000 |
| Pacific Islands | $55,000 |
| East Asia | $49,000 |
| Southern Europe | $31,000 |
| Eastern Europe | $25,000 |
| Arab States | $21,000 |
| Central America and the Caribbean | $20,000 |
| Central and Western Asia | $18,000 |
| Sub-Saharan Africa | $16,000 |
| Southeast Asia | $16,000 |
| North Africa | $11,000 |
| South Asia | $10,000 |
| 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 130 active job postings in 2026, a 47.6% increase (+18) from 2025.
- Volvo Trucks had 112 active job postings in 2025, a 56.0% increase (+49) from 2024.
- Volvo Trucks had 63 active job postings in 2024, a 10.5% decline (-7) from 2023.
- Volvo Trucks had 70 active job postings in 2023, a 41.4% increase from 2022.
- Hiring velocity in 2026: 47 new roles/month, down from 64 in 2025 and 59 in 2024.
Volvo Trucks's active job postings rose 47.6% in 2026 to 130, with new postings per month cooling from 132 in 2023 to 47 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 1.6% to 10,538 employees, down from 10,760 in 2025.
- See the full headcount history
- Where are Volvo Trucks employees located?
- Most Volvo Trucks employees are based in Northern Europe (40.2% of headcount), followed by Western Europe and North America.
- Explore where the workforce is based
- What is the average salary at Volvo Trucks?
- The average employee salary at Volvo Trucks is approximately $52.9k per year.
- Analyze the salary distribution
- How many new job postings does Volvo Trucks open per year?
- In Q1 2026, Volvo Trucks opened 142 new job postings. In 2025, Volvo Trucks opened 766 new job postings — about 64 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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