Lucid Group (LCID) announced plans on Friday to terminate 400 employees, or 6% of its workforce, as part of a restructuring plan aimed at cutting costs in a soft electric vehicle market.
Rivian Automotive said it would lay off 10% of its salaried workforce and expects vehicle ... push but that it will take longer than expected. Lucid Group, also among the highest-profile EV ...
Blink Charging will lay off nearly 15% of its global workforce as demand for EVs remains soft, the company announced on ...
Copy Link After a brutal year of layoffs in 2023, companies this year have continued to cut jobs across ... beginning with a 6% reduction of its global workforce (about 12,000 people) last January.
(Reuters) -Action camera maker GoPro said on Monday it would cut about 15% of its workforce this year ... third quarter and about $4 million to $6 million in the fourth quarter of 2024.
CEO Patrick Spence confirmed with TechCrunch the company cut 100 employees in a new layoff round, impacting 6% of Sonos’ workforce. Sonos previously reduced its headcount by 7% in 2023.
citing intentions to cut costs to what has long been a wildly profitable segment of the oil giant’s business. The new cuts follow Shell’s earlier moves to reduce its workforce and costs in ...
Electric vehicle manufacturer Lucid Motors has announced plans to cut about 6% of the workforce, including employees at its Pinal County manufacturing plant. It wasn’t a typical morning for a ...
Terms may apply to offers listed on this page. You can earn cash back up to 6% or travel rewards up to 4X points per dollar at supermarkets. Whether it's worth paying a fee will depend on your ...
Mortgage interest rates could fall below 6% sooner than some borrowers may anticipate. Below, we'll detail when this change could take place. Projections on how much the Federal Reserve will cut ...
Prices were hiked by ₹6.5 per cylinder on August 1. The two rounds of increase follow four monthly price reductions. In four price reductions, rates were cut by ₹148 per 19-kg cylinder.