Electric truck maker Nikola to cut 23% of workforce

Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. The company said Friday it will lay off 150 workers who were supporting the company’s European programs. Another 120 employees based at the company’s Phoenix and Coolidge, […] Electric truck maker Nikola to cut 23% of workforce by Kirsten Korosec originally published on TechCrunch...