Cash-strapped EV Startup Arrival is Laying Off Half Its Workforce
Arrival, an electric vehicle startup based in the UK, said it was laying off 50 percent of its employees in a bid to reduce costs. The company also named a new CEO, Igor Torgov, who previously served as executive vice president of digital at the company. From a report: Arrival, which announced last year that it was winding down its UK operation … ⌘ Read more