In April 2024, SunPower announced it would close several business units and cut 1,000 jobs – just over a quarter of its workforce. The company announced plans to wind down its residential solar ...
STOCKHOLM—Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global electric-vehicle market cools.
The company, which cut about 10% of its workforce in February 2023, ended 2023 with 1,443 full-time employees, according to its annual filing with the Securities and Exchange Commission.
Simply sign up to the Electric vehicles myFT Digest -- delivered directly to your inbox. Northvolt will cut a large number of jobs and sell or seek partners for its energy storage and materials ...
It did not say how many jobs would be cut. Northvolt had 5,860 employees at the end of 2023. Northvolt said the macroeconomic environment was "challenging", and chief executive Peter Carlsson ...
Metro Bank will today set out hundreds of job cuts as it pushes ahead with its £80million cost-cutting plan. The troubled lender will announce that 300 roles are going within its business ...
“It is not falling apart, but it is weakening.” The cooling jobs figures underscore why the Federal Reserve is set to cut its key interest rate when it next meets Sept. 17-18, with inflation ...
30 special session to pass Gov. Jim Justice’s 5% cut in personal income tax rates, and at this point I’m just not sure it can pass. That doesn’t mean it won’t pass. There is certainly time ...
“It is not falling apart, but it is weakening.” The cooling jobs figures underscore why the Federal Reserve is set to cut its key interest rate when it next meets on September 17 and 18, with ...
“It is not falling apart, but it is weakening.” The cooling jobs figures underscore why the Federal Reserve is set to cut its key interest rate when it next meets September 17-18, with ...