Layoffs Incoming Hyzon Motors Struggles with Subsidy Woes and Funding Shortfalls
For more hydrogen news: https://www.hydrogenfuelnews.com/featured-news/ Major updates from Hyzon Motors, a US based hydrogen fuel cell manufacturer. The company has issued a WARN Act notice to employees at its facilities in Bolingbrook, Illinois, and Troy, Michigan, as well as to most staff across both states. The notice comes as Hyzon faces serious challenges—difficulty in raising funding and uncertainties surrounding government subsidies, especially affecting customer decisions to buy. If no solution is found, layoffs could begin by February 2025, impacting operations and jobs. The 60-day notice period required under the WARN Act is now in effect. #hydrogennews #greenhydrogen #cleanenergy #californiaenvironmentalgoal 📚Grab Our FREE H2 ebook Today: https://www.hydrogenfuelnews.com/featured-news/ 🚘Like Cars? Check Out Hydrogen Cars Here: https://www.hydrogenfuelnews.com/hydrogen-cars/ 👔Thinking About Getting a Green Job? Renewable Energy Jobs Posted Daily: https://www.hydrogenfuelnews.com/alternative-energy-jobs/ 🧠👉Don't forget to connect with us across our various social media platforms: 😊Facebook: https://www.facebook.com/HydrogenFuelNews/ 📷Instagram: https://www.instagram.com/hydrogenfuelnews/ 🔗LinkedIn: https://www.linkedin.com/in/hydrogenfuelnews/ 🐦Twitter: https://twitter.com/hydrogenfuelnew ⏰Tiktok: https://www.tiktok.com/@hydrogenfuelnews