Electric vehicle startup Canoo has lost co-founder and chief technology officer Sohel Merchant and is moving operations out of Los Angeles, according to two reports. TechCrunch This week, unnamed sources were quoted as saying.
Canoo wrote in a quarterly filing with the SEC on Aug. 14 that it would “permanently” lay off employees as part of a restructuring plan at its Torrance, Calif., plant and proposed moving “approximately 137” of its 194 employees there. To Oklahoma or Texas. Then, earlier this week, the company told employees at a company meeting that it would close its Los Angeles office, TechCrunch Written on Thursday.
