Supply Chain Matters News Capsule Update- March 28 2024
Supply Chain Matters
MARCH 28, 2024
In conjunction with the reporting of 2023 financial performance, the California based EV maker announced that the company would lay off upwards of 15 percent of its current staffing, amid cash and ongoing business and supply chain related challenges. The company reported a cash balance of slightly over $325 million at the end of 2023.
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