SK On launches voluntary redundancy scheme amid declining EV market

Digitimes
By Levi LiOct 2, 2024, 12:52 am322 ptsTop
SK On, the fifth-largest electric vehicle battery manufacturer globally, has announced its first voluntary redundancy program aimed at workforce reduction. This initiative arises as the company faces ongoing financial challenges due to a decline in demand within the electric vehicle (EV) market, particularly…

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