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 ...
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 ...
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 ...
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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.
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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 ...
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 ...
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 ...