7% company wide layoff today
Nothing to do with any struggles
Just clearly because they announced an agreement with VW/PowerCo to sell off their manufacturing rights. I don't exactly know, but suspect those laid off were working on bringing up new manufacturing. Hopefully they can get new jobs with VW.
QuantumScape Layoffs Aug 4, 2024
QS lays off 45 employees in support of cutting cost, as the company continues to struggle with its technology.