Struggling electrical van startup Canoo has positioned its remaining staff on what it calls a “necessary unpaid break” till at the least the tip of the yr, in response to an e mail obtained by TechCrunch.
The corporate advised staff they might not have entry to Canoo’s techniques on the finish of Friday, in response to the e-mail. He mentioned the advantages would final till the tip of December.
The e-mail arrives just some days later the company announced that it was laying off nearly 100 employees and idling an meeting facility in Oklahoma as a result of a scarcity of funding. It’s unclear how a lot stays after these reductions. The corporate and its CEO Tony Aquila didn’t instantly reply to a request for remark.
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