After this week’s announcement electric vehicle startup Canoo sent an email to remaining workers informing them that they will be placed on a “mandatory unpaid break” and will be locked out of the company’s systems at the end of the day on Friday. Reports. The email you viewed TechCrunch He reportedly said the break will last until at least the end of the year. Canoo announced Wednesday that it will idle its factories in Oklahoma “while it finalizes securing the necessary capital to move forward with its operations.”
He confronted Kano , The departure of several executives over the past year. He – she It has been furloughing 30 employees this fall alone. Canoo’s announcement on Wednesday said the company is now in “advanced discussions with various capital sources.” In a statement about the cuts, Cano said: “We regret having to furlough our employees, especially during the holidays, but we have no choice at this point. Hopefully we can get them back to work soon.
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