ChargePoint Announces Reorganization to Position Itself for Long-Term, Sustainable Growth
CHPTChargePoint(CHPT) Businesswire·2024-01-11 05:07

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced a strategic reorganization designed to improve financial performance and position itself for long-term, sustainable growth. The reorganization includes an approximately 12% reduction of the ChargePoint global workforce. The reorganization is expected to lead to approximately 14millioninrestructuringcharges,consistingofapproximately14 million in restructuring charges, consisting of approximately 10 million i ...