---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-027356"
form_type: "8-K"
ticker: "ALV"
cik: "0001034670"
company_name: "AUTOLIV INC"
filed_at: "2023-06-12T23:59:59+00:00"
generated_at: "2026-06-14T02:37:41.216442+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Autoliv to cut up to 11% of global workforce, accelerate European restructuring; reiterates 2023 guidance

## Summary
- Indirect workforce to be reduced by up to 2,000 positions (11% globally, up to 1,000 in Europe); direct headcount cut by ~6,000 (11%).
- Plans to close several European sites; first reductions in 2023, fully implemented by 2025 with 1-2 year payback.
- Reiterates FY2023 adjusted operating margin of 8.5-9.0% and operating cash flow of ~$900M.
- Customer price negotiations progressing, especially in Europe, to offset inflation.
- Reaffirms medium-term 12% adjusted operating margin target and growth ambitions.

## SEC filing metadata
- accession: 0000950170-23-027356
- form_type: 8-K
- ticker: ALV
- cik: 0001034670
- company_name: AUTOLIV INC
- filed_at: 2023-06-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034670/000095017023027356/0000950170-23-027356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034670/000095017023027356/alv-20230608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-027356
- JSON: https://secwatch.observer/filing/0000950170-23-027356.json
- Plain text: https://secwatch.observer/filing/0000950170-23-027356.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.