Blink to Lay Off 14% of Workers
Blink Charging will lay off nearly 15% of its global workforce as demand for EVs remains soft, the company announced on Tuesday. According to a release, the move—which affects about 100 people—is a “planned operational cost reduction action” as the third-largest EV charging manufacturer in the U.S. works to tackle weakening demand growth.
Blink Charging to Cut Workforce by 14% in Cost-Cutting Plan
Blink Charging said it is cutting costs across the company to adapt to the current macroeconomic landscape and will reduce its workforce by about 14%. The manufacturer of electric vehicles on Tuesday said that it expects annualized savings of about $9 million from the headcount cut, set to be completed in the first quarter of 2025.
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Blink-182’s bassist, Mark Hoppus, has announced that he’ll be releasing a memoir entitled ‘Fahrenheit-182’ on April 8.
Blink-182’s Mark Hoppus, April 2023 (Matt Winkelmeyer/Getty Images for Coachella) ...
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