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.
Blink Charging will lay off nearly 15% of its global workforce as demand for EVs remains soft, the company announced on ...
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 ...
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.
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
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 ...
(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.
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 ...
(KRON) — GoPro has announced plans to cut 15 percent of its workforce. The job cuts are part ... to reduce expenses previously in its Aug. 6 second quarter earnings call. Currently, GoPro ...
Tesla's in-house 4680 battery could significantly enhance margins and drive future growth, starting with Cybertrucks next ...
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.