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Hyzon预计将裁员
2024-12-20 20:45
- Hydrogen fuel cell system manufacturer and technology developer Hyzon (NASDAQ:HYZN) is expected to effect a reduction in workforce.
- HYZN shares were trading -27.71% Friday pre-market at $1.20.
- The company cited its inability to raise funding and the future uncertainty relating to the availability of government subsidies, most notably the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project, which is believed to have caused certain of its customers to slow down or suspend their purchasing decisions.
- Hyzon has issued a Worker Adjustment and Retraining Notification Act, or WARN Act, notice to employees in Bolingbrook, Illinois and Troy, and Michigan.
- The reduction in workforce is expected to be completed in February 2025.
- Source: Press Release
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