SunPower's CEO resigned that month. Its auditor, Ernst & Young, quit in June. The company cut other business lines, including direct sales, in April. That month, SunPower underwent a much larger ...
Chief Executive Officer Gunter Erfurt and Chief Financial Officer Markus Nikles are leaving, the company said on Wednesday, and some 200 jobs of its 1050-strong workforce will be cut. Erfurt will ...
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.
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 ...
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.
Northvolt will cut a large number of jobs and sell or seek partners for its energy storage and materials businesses as Europe’s leading battery hope aims to survive by refocusing on its ...
Now that it's pretty much a no-brainer that the Federal Reserve will cut interest rates on Sept. 18 — even better odds than the Detroit Lions winning the Super Bowl in 2025 — we move on to the ...
“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 ...
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Lyft Inc. plans to write down some of its bike and scooter rental assets, and cut 1% of its employees as the ride-hailing company struggles to turn consistently profitable. The plan is part of ...
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 ...