Cash-strapped EV maker Arrival lays off yet more workers

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Cash-strapped EV maker Arrival lays off yet more workers

Arrival just warned investors that it’s slashing its workforce yet again. The electric van maker said on Tuesday that it “took actions” on October 5 to “further reduce its operating costs.” Those actions include letting go of “up to approximately 25%” of its workers, the company stated in a letter to investors. Arrival last announced […]

Cash-strapped EV maker Arrival lays off yet more workers

2023-10-11 08:03

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