Arrival plans to business reorganization, cut up to 30% of workforce

Arrival, the UK-based electric vehicle company announced plans to reorganize its business, which could see layoffs of up to 30% in its workforce. Arrival said the move to reorganize its business saw the company start production of the Arrival Van in the third quarter as planned. Following the announcement, Arrival shares rose 3.4% to $1.51 … Continue reading Arrival plans to business reorganization, cut up to 30% of workforce