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Canoo put employees on a ‘mandatory unpaid break’ after pausing work at Oklahoma factories this week

  • EV startup Canoo placed remaining workers on a 'mandatory unpaid break' after idling its Oklahoma factories this week.
  • Canoo emailed the employees to inform them about the break, which is expected to last at least through the end of the year.
  • The company is facing financial difficulties, lawsuits, and turnover of executives.
  • Canoo stated that it is in advanced discussions with various capital sources and hopes to bring back the employees to work soon.

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