Polestar cutting around 15 percent of its global workforce

Polestar has announced plans to cut around 15 percent of its workforce around the world, as the Volvo-owned electric vehicle (EV) maker looks to reduce costs and work toward making its products profitable. Citing “challenging market conditions,” Polestar announced plans on Friday to get rid of around 450 positions worldwide, according to a report from … Continue reading Polestar cutting around 15 percent of its global workforce