"Lordstown Motors' Layoffs and Bankruptcy Battle Shake Electric Vehicle Industry"
Layoff notices are being sent to workers at the Lordstown Motors Farmington Hills Facility in Michigan, with about 100 employees expected to be affected. The layoffs are attributed to insufficient funding resulting from a dispute with Foxconn Ventures, which has led to a lawsuit and bankruptcy filing by Lordstown Motors. Various positions, including project managers, software engineers, marketing personnel, and design and electrical engineers, are among those slated for layoff.