News Formal

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

  • 📰 SooToday
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 85%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »