Image: Canoo  Days after furloughing dozens of its employees without pay, EV startup Canoo told the remainder of its staff they will be on a “mandatory unpaid break” through at least the end of the year, TechCrunch reported Friday. A company email seen by the outlet said employees would be locked out of Canoo’s systems by the end of Friday, with their benefits continuing through the end of this month. The report follows Canoo’s announcement last…

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All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’

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Canoo is having a very unmerry Christmas. Remaining employees of the beleaguered U.S. electric vehicle startup have been placed on a "mandatory unpaid break" according to TechCrunch, with no view to return for a few weeks at minimum. While it isn't uncommon for businesses to close around the end of the year, Canoo's decision to put staff on break from Monday is unlikely to be driven by holiday cheer. The company has been plagued by financial pro…

Mashable

J2 Global

Canoo reportedly puts staff on 'mandatory unpaid break' for weeks

Image: Canoo
Days after furloughing dozens of its employees without pay, EV startup Canoo told the remainder of its staff they will be on a “mandatory unpaid break” through at least the end of the year, TechCrunch reported Friday. A company email seen by the outlet said employees would be…

Upstract

Financial problems at Canoo seem to not have an end. The move follows three prior rounds of 12-week furloughs that impacted a substantial portion of its workforce in Oklahoma City and Pryor.

ELECTRIC VEHICLES

Canoo Tells Staff to Have ‘Enjoyable Holiday Season’ After Mandatory Unpaid Break

All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’  The Verge  Source link The post All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’ – The Verge first appeared on Online EV Marketplace.

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All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’ – The Verge

Image: Canoo Days after furloughing dozens of its employees without pay, EV startup Canoo told the remainder of its staff they will be on a “mandatory unpaid break” through at least the end of the year, TechCrunch reported Friday. A company email seen by the outlet said employees would be locked out of Canoo’s systems... The post All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’ appeared on Rmag.

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All of Canoo’s employees are reportedly on a ‘mandatory

Image: Canoo Days after furloughing dozens of its employees without pay, EV startup Canoo told the remainder of its staff they will be on a "mandatory unpaid break" through at least the end of the year, TechCrunch reported Friday. A company email seen by the outlet said employees would be locked out of Canoo's systems by the end of Friday, with their benefits continuing through the end of this month. The report follows Canoo's announcement last …

technewstube.com

Canoo is having a very unmerry Christmas. Remaining employees of the beleaguered U.S. electric vehicle startup have been placed on a “mandatory unpaid break” according to TechCrunch, with no view to return for a few weeks at minimum.  While it isn’t uncommon for businesses to close around the end of the year, Canoo’s decision to put staff on break from Monday is unlikely to be driven by holiday cheer. The company has been plagued by financial pr…

startupbusinessready.com

Canoo reportedly puts staff on 'mandatory unpaid break' for weeks #VentureCapital #Technology #Money #Startup

Source: The Verge   
Days after furloughing dozens of its employees without pay, EV startup Canoo told the remainder of its staff they will be on a “mandatory unpaid break” through at least the end of the year, TechCrunch reported Friday. A company email seen by the outlet said employees would be locked out of Canoo’s systems by the end of Friday, with their benefits continuing through the end of this month.  
The report follows Canoo’s announce…

TheSpuzz

Days after furloughing dozens of its employees without pay, EV startup Canoo told the remainder of its staff they will be on a “mandatory unpaid break” through at least the end of the year, TechCrunch reported Friday. A company email seen by the outlet said employees would be locked out of Canoo’s systems by the end of Friday, with their benefits continuing through the end of this month.  
The report follows Canoo’s announcement last week that i…

All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’

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