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Volta Slashes Workforce By 10%; Withdraws FY22 Forecast

Volta Slashes Workforce By 10%; Withdraws FY22 Forecast

Volta裁员10%;WithDrawing预测22财年
Benzinga Real-time News ·  2022/09/29 09:41
  • Volta Inc (NYSE:VLTA) has put forward an organizational realignment plan to reduce costs and drive strategic priorities. It is planning to reduce the current full-time employees by 10%.
  • Volta has cut 18% of its full-time employees through other workforce reductions and organic attrition since June 1, 2022.
  • The company intends to save costs by limiting the use of outside consultants and consolidating teams and its three San Francisco offices into one.
  • It also revised its Q3 revenue guidance to $13.5 million - $14.5 million (prior guidance was $17 million - $18 million).
  • Volta also withdrew its full-year 2022 revenue and install guidance until further notice.
  • Vince Cubbage, Interim CEO of Volta, said, "Despite near-term challenges, there is significant opportunity ahead in the EV charging market as adoption accelerates and federal funding for EV infrastructure is deployed."
  • Price Action: VLTA shares are trading lower by 9.22% at $1.42 on the last check Thursday.
  • 沃尔塔公司(纽约证券交易所代码:VLTA)已经提出了一项组织重组计划,以降低成本并推动战略优先事项。它正计划减少 目前的全职员工减少了10%。
  • 自2022年6月1日以来,沃尔塔通过其他裁员和有机自然减员,已经裁减了18%的全职员工。
  • 该公司打算通过限制使用外部顾问来节省成本,并将团队和其在旧金山的三个办事处合并为一个。
  • 该公司还将第三季度营收指引修正为1,350万-1,450万美元(之前的指引为1,700万-1,800万美元)。
  • 沃尔塔还撤回了2022年的全年收入,并安装了指导,直到另行通知。
  • Volta临时首席执行官文斯·库贝奇表示:“尽管近期面临挑战,但随着电动汽车基础设施采用速度的加快和联邦资金的部署,电动汽车充电市场未来仍有巨大的机遇。”
  • 价格行动:在周四的最后一次检查中,VLTA的股价下跌了9.22%,至1.42美元。
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