ChargePoint to Cut 12% of Workforce in Reorganizing Effort

ChargePoint Announces Strategic Reorganization and Workforce Reduction

ChargePoint Holdings, a leading provider of EV charging solutions, has announced a strategic reorganization aimed at enhancing its financial performance and ensuring sustained long-term growth. As part of the restructuring effort, the company will be reducing its global workforce by 12%. The decision comes after a comprehensive evaluation conducted by CEO Rick Wilmer, who recognized the need for a more focused and efficient approach to driving the company forward.