Blink Charging to cut 14% of global workforce
Blink Charging to reduce global workforce by 14% in cost-saving effort
Blink Charging said on Tuesday it would lay off about 14% of its global workforce as part of a cost-reduction plan, as the electric vehicle charging equipment maker tackles weaker demand.
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.
Blink Charging to lower global personnel count by 14% as part of cost reduction plan
The operational cost reduction plan aims to improve operational efficiencies by streamlining functions company-wide. Looking ahead, Blink Charging (BLNK) said it is focused on strengthening its ...
Blink Charging to cut 14% of global workforce as part of cost reduction plan
Electric vehicle charging equipment maker Blink Charging said on Tuesday it would lay off about 14 per cent of its global workforce, as part of a cost reduction plan. The job cuts would result in ...
Blink Charging to cut 14% of global workforce as part of cost reduction plan
(Reuters) -Electric vehicle charging equipment maker Blink Charging said on Tuesday it would lay off about 14% of its global workforce, as part of a cost reduction plan. The job cuts would result in annualized savings of about $9 million and would be ...
Blink Charging to Position Company for the Future by Implementing Planned Operational Cost Reductions
EV Charging Infrastructure Leader to Implement Operational Cost Reduction Plan. Bowie, MD, Sept. 17, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner,
Blink Charging To Cut 14% Of Jobs
Blink Charging Co. (BLNK) announced the implementation of its operational cost reduction plan. The plan involves a 14% reduction in the global personnel count, expected to generate annual savings of approximately $9 million.
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