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Cash-strapped EV startup Arrival is laying off half its staff
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Cash-strapped EV startup Arrival is laying off half its staff
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31st January 2023, 08:07
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Cash-strapped EV startup Arrival is laying off half its staff For the second time in less than a year, electric transport startup Arrival is cutting staff. The company announced Monday plans to lay off approximately 50 percent of its workforce. The move will reduce Arrival’s headcount to about 800 employees. In the middle of last year, Arrival warned it was strapped for cash, and the company’s financial position appears to have become more dire since. https://www.engadget.com/cash-strapp...2.html?src=rss |
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