Electric truck maker Nikola to cut 23% of workforce

Electric truck maker Nikola to cut 23% of workforce

a year ago
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https://techcrunch.com/2023/06/16/electric-truck-maker-nikola-to-cut-23-of-workforce/

Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash.

The company said Friday it will lay off 150 workers who were supporting the company’s European programs. Another 120 employees based at the company’s Phoenix and Coolidge, Arizona sites will also lose their jobs. About 900 employees will remain.

Electric truck maker Nikola to cut 23% of workforce

Jun 16, 2023, 10:16pm UTC
https://techcrunch.com/2023/06/16/electric-truck-maker-nikola-to-cut-23-of-workforce/ > Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. > The company said Friday it will lay off 150 workers who were supporting the company’s European programs. Another 120 employees based at the company’s Phoenix and Coolidge, Arizona sites will also lose their jobs. About 900 employees will remain.