Tag: getaround
Car-sharing company Getaround cuts one-third of US workforce
Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is cutting 30% of its North American workforce as part of a restructuring. The company said in a statement it will restructure its workforce and operations to reduce costs in hopes of extending its cash runway and accelerating […]
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: Getaround stock rallies more than 70% after company announces deal to buy HyreCar
Car-sharing SPAC Getaround lays off 10% of staff
Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability and long-term growth,” the company said in a statement. Per LinkedIn, Getaround has 421 employees, so the staff cuts should affect around 42 employees. Getaround would […]
Car-sharing SPAC Getaround lays off 10% of staff by Rebecca Bellan originally published on TechCrunch
Car-sharing platform Getaround gets delisting warning from NYSE
The New York Stock Exchange has issued a delisting warning to peer-to-peer car rental company Getaround for trading too low, according to the company. Getaround debuted on the public markets in December after merging with a special purpose acquisition company (SPAC). The combined company’s stock began trading at around $10 per share and promptly lost […]
Car-sharing platform Getaround gets delisting warning from NYSE by Rebecca Bellan originally published on TechCrunch