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 ...

Five9 FIVN will reduce its workforce by about 7% as it looks to drive more profitable growth. The call-center software firm estimates the aggregate costs associated with the plan to be between $12 ...

A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

The biggest stories of the day delivered to your inbox.

Aug 19 (Reuters) - Action camera maker GoPro (GPRO.O), opens new tab said on Monday it would cut about 15% of its workforce this year ... and about $4 million to $6 million in the fourth quarter ...

GoPro GPRO will cut approximately 15% of its workforce as part of a previously announced plan to reduce operating expenses by about $50 million from projected fiscal 2024 expenses. The company ...

Boeing is to cut another 7,000 jobs as its losses mount in the pandemic. The US planemaker, which had already announced deep cuts, said its staff would be down to just 130,000 by the end of next ...

UK supermajor Shell plans to reduce its oil exploration and development workforce by as much 20%, with the restructuring taking place around the world. The cuts will focus on two departments ...