[HN Gopher] Mass Layoffs Said to Hit Terrafugia Weeks After Its ...
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Mass Layoffs Said to Hit Terrafugia Weeks After Its Flying Car Was
FAA-Approved
Author : FabHK
Score : 7 points
Date : 2021-02-22 22:15 UTC (46 minutes ago)
(HTM) web link (www.forbes.com)
(TXT) w3m dump (www.forbes.com)
| nojokes wrote:
| _Two sources with knowledge of the situation say that roughly 80
| to 100 employees at the company's headquarters in Woburn, Mass.,
| have been let go, and that Terrafugia's intellectual property and
| further development of the Transition, a light sport airplane
| designed to be drivable on roads, are being moved to China by
| owner Zhejiang Geely Holding Group, which bought the company in
| 2017._
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(page generated 2021-02-22 23:01 UTC)