Blink Charging To Lay Off About 100 Employees To Cut Costs As EV Demand Softens
Blink Charging To Lay Off About 100 Employees To Cut Costs As EV Demand Softens
Blink had 706 employees as of the end of last year, implying that the layoff will impact 99 people at the company.Electric vehicle (EV) charging equipment manufacturer Blink Charging Co. (NASDAQ:BLNK) said on Tuesday that it will lay off about 14% of its global workforce in an attempt to reduce operational costs.
電動汽車（EV）充電設備製造商Blink Charging Co.（納斯達克:BLNK）週二表示，爲了降低運營成本，將裁員全球約14%。
What Happened: The layoff will begin immediately and is expected to result in annualized savings of about $9 million, the company said. The layoffs will be completed in the first quarter of 2025, the company added.
發生了什麼：裁員將立即開始，預計將實現約900萬美元的年度節省，公司表示。裁員將在2025年第一季度完成，公司補充道。
"The timing of these cost-cutting measures, as indicated in our last earnings announcement, is a proactive step to adapt to current market conditions while preserving our long-term strategy," said company President & CEO Brendan Jones.
「這些削減成本措施的時間安排，正如我們在上次盈利公告中所示，是適應當前市場條件的積極步驟，同時保持我們的長期戰略，」公司總裁兼首席執行官布蘭登·瓊斯表示。
Blink had 706 employees as of the end of last year, implying that the layoff will impact 99 people at the company.
截至去年年底，Blink公司有706名僱員，這意味着裁員將影響該公司的99人。
"We believe the current economic and market challenges facing the EV industry are temporary," added Blink Chief Operating Officer and incoming CEO Michael Battaglia. "We are very optimistic about the future. The operational changes we are announcing today will help us reduce costs and improve our financial performance right away."
「我們認爲，電動汽車行業當前面臨的經濟和市場挑戰是暫時的，」 Blink首席運營官兼新任CEO邁克爾·巴塔利亞補充道。「我們對未來非常樂觀。我們今天宣佈的運營變更將幫助我們立即降低成本並改善我們的財務業績。」
Why It Matters: During the second quarter, Blink contracted, deployed, or sold 4,106 charging stations. Jones then said that the company's sales performance was impacted by softening EV demand.
爲什麼重要：在第二季度，Blink合同、部署或銷售了4106個充電樁。瓊斯隨後表示，公司的銷售業績受到電動汽車需求減弱的影響。
Blink Charging reported a total revenue of $33.3 million in the quarter, marking an increase of 1.3% from the corresponding period last year. However, the company's gross profit fell to $10.7 million, down from $12.3 million last year.
Blink Charging在本季度報告了3330萬美元的總收入，較去年同期增長了1.3%。然而，公司的毛利潤下降至1070萬美元，低於去年的1230萬美元。
Last month, Blink lowered its full-year 2024 revenue guidance from a range of $165 million to $175 million to a new range of $145 million to $155 million. The company also updated its timeline to achieve positive adjusted EBITDA to 2025 from its previous timeline of December 2024.
上個月，Blink將其2024年全年營業收入指引範圍從1.65億至1.75億美元下調至新的1.45億至1.55億美元。該公司還更新了實現正調整後EBITDA盈利的時間表，從先前的2024年12月調整爲2025年。
EV giant Tesla Inc., which also manufactures EV charging equipment, laid off most members of its supercharging team in April.
電動巨頭特斯拉公司也生產充電樁設備，在四月份裁員了大部分的超級充電團隊成員。
Price Action: Blink shares closed up 5% at $1.88 on Tuesday. The stock is down nearly 41% year-to-date, according to data from Benzinga Pro.
價格走勢: Blink股票於週二收盤上漲5%，收於1.88美元。根據Benzinga Pro的數據，該股票今年至今下跌近41%。
Check out more of Benzinga's Future Of Mobility coverage by following this link.
通過以下鏈接查看更多財經新聞《Benzinga智庫：移動出行未來》
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Photo courtesy: Blink Charging
照片提供：blink charging
譯文內容由第三人軟體翻譯。
