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Lion Electric To Cut 150 Jobs Or 10% Of Total Headcount Amid Rationalization Of Cost Structure
(RTTNews) - Electric urban vehicles maker Lion Electric Co. (LEV, LEV.TO) announced Monday a workforce reduction aimed at rationalizing its cost structure and improving its ability to reach its profitability objectives.
The company said the reduction affects 150 employees or approximately 10% of Lion's total headcount, in production overhead, manufacturing, product development and administrative functions, both in Canada and the United States.
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Pound Eases Against Most Majors
The pound retreated against its most major counterparts in the New York session on Monday.
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8 นาทีที่ผ่านมา
Swiss Market Ends Marginally Down
After an early sharp drop, the Switzerland market recovered some lost ground Monday morning, but stayed in negative territory right through the day's trading session, as investors largely stayed cautious, waiting for directional clues.
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1 ชม. 30 นาทีที่ผ่านมา
European Markets Close On Firm Note As Stocks Rebound On Bargain Hunting
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1 ชม. 42 นาทีที่ผ่านมา
U.S. Factory Orders Pull Back Sharply In June
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5 ชม. 24 นาทีที่ผ่านมา
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5 ชม. 27 นาทีที่ผ่านมา
Eurozone Investor Sentiment Weakens Unexpectedly
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6 ชม. 45 นาทีที่ผ่านมา
Bay Street Seen Opening On Cautious Note
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6 ชม. 52 นาทีที่ผ่านมา
FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%
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7 ชม. 44 นาทีที่ผ่านมา
