https://layoffcheck.com/companies/chargepoint Layoff and WARN notices reported for ChargePoint. en-us https://layoffcheck.com/companies/chargepoint#2024-09 https://layoffcheck.com/companies/chargepoint#2024-09-646 Wed, 04 Sep 2024 12:00:00 GMT ChargePoint announced on September 4, 2024 that it was cutting approximately 249 employees, 15% of its global workforce, after missing revenue estimates. The EV charging network operator said the reorganization would generate roughly $41 million in annualized operating expense savings and bring the company closer to its target of positive non-GAAP adjusted EBITDA by fiscal year 2026. Restructuring costs were estimated at around $10 million, composed primarily of severance and employee-related expenses. The cuts came about eight months after ChargePoint had already trimmed about 12% of its workforce in January 2024, reflecting continued pressure on the EV infrastructure sector. https://layoffcheck.com/companies/chargepoint#2024-01 https://layoffcheck.com/companies/chargepoint#2024-01-1102 Wed, 10 Jan 2024 12:00:00 GMT ChargePoint reported a workforce reduction in SF Bay Area in January 10, 2024. https://layoffcheck.com/companies/chargepoint#2023-09 https://layoffcheck.com/companies/chargepoint#2023-09-1398 Fri, 08 Sep 2023 12:00:00 GMT ChargePoint reported a workforce reduction in SF Bay Area in September 8, 2023.