Lion Electric to lay off 300 more employees as bus company scales back production

📆 31/07/2024 18:06:00
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MONTREAL — Lion Electric Co. says it is laying off hundreds more workers as part of a plan to staunch its financial losses. The electric bus company says some 300 employees will be let go in the coming days in a 30 per cent cut to its workforce.

MONTREAL — Lion Electric Co. says it is laying off hundreds more workers as part of a plan to staunch its financial losses.

Lion Electric previously laid off about 220 employees in a pair of announcements in February and April.

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Lion Electric to lay off 300 more employees as bus company scales back productionMONTREAL — Lion Electric Co. says it is laying off hundreds more workers as part of a plan to staunch its financial losses.
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