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Shares of Companies in the Auto & Auto Component Space Are Trading Higher Amid Overall Market Strength Following Strong Q4 Earnings From Meta. Wednesday's Fed Decision to Raise Rates by 25 Basis Points Has Also Helped Lift Stocks.
Shares of companies in the auto & auto component space are trading higher amid overall market strength following strong Q4 earnings from Meta. Wednesday's Fed decision to raise rates by 25 basis point
Arrival Named Digital Leader Igor Torgov As CEO; To Slash 800 Jobs To Control Costs
Arrival (NASDAQ:ARVL) named former Arrival EVP of Digital Igor Torgov as the new CEO, effective January 30, 2023.Igor joined Arrival in February 2020 and has led the development of multiple divisions.
EV Upstart Arrival, Once the Toast of Investors, Turns to Cuts and Restructuring -- WSJ
By Eliot Brown It's crunch time at another electric vehicle upstart that went public with a surge of investor enthusiasm and a rich valuation. U.K.-based Arrival said Monday]( it plans to cut its wo
Arrival Promotes Igor Torgov to Chief Executive, to Cut Global Staff by About 50%
09:19 AM EST, 01/30/2023 (MT Newswires) -- Arrival (ARVL) said Monday that Igor Torgov has been promoted to chief executive, effective immediately, and that it plans to cut its global workforce by abo
EV Startup Arrival Announces Plan to Cut Global Headcount in Half
Arrival Trading Resumes
EV Maker Arrival to Lay off Half of Its Employees, Names New CEO to Effect Restructuring
Arrival (ARVL) said Monday that it will cut its global workforce in half, to about 800 employees, as it implements a restructuring aimed at cutting spending by about 50% to preserve cash. The stock wa
Street Color: Arrival to Reportedly Slash 800 Jobs, Appoints Igor Torgov as Chief Executive
08:52 AM EST, 01/30/2023 (MT Newswires) -- (Street Color news is derived from real-time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg
Arrival Expects to Halve Cash Cost of Operating the Business to About $30 M Per Qtr >ARVL
Arrival Expects to Halve Cash Cost of Operating the Business to About $30 M Per Qtr >ARVL
Arrival Names Igor Torgov As CEO
Arrival Names Igor Torgov As CEO
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