Canoo put workers on a ‘obligatory unpaid break’ after pausing work at Oklahoma factories this week

After saying this week that it , EV startup Canoo emailed remaining staff to tell them they have been being positioned on a “obligatory unpaid break” and could be locked out of the corporate’s techniques on the finish of the day Friday, experiences. The e-mail seen by TechCrunch reportedly mentioned the break would final not less than by way of the top of the yr. Canoo introduced on Wednesday that it was idling its Oklahoma factories “whereas it really works to finalize securing the capital obligatory to maneuver ahead with its operations.”

Canoo has confronted , and the departure of a number of executives during the last yr. It it was furloughing 30 workers simply this fall. Canoo’s announcement on Wednesday mentioned that the corporate is now in “superior discussions with numerous capital sources.” In a press release concerning the cuts, Canoo mentioned, “We remorse having to furlough our workers, particularly through the holidays, however we now have no selection at this level. We’re hopeful that we will deliver them again to work quickly.”