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Dubai News Club > Tech > Canoo is down to one co-founder as its CTO reportedly leaves
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Canoo is down to one co-founder as its CTO reportedly leaves

Press Room
Last updated: 2024/08/24
Press Room
Published: August 24, 2024
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EV startup Canoo has lost co-founder and chief technology officer Sohel Merchant and is moving its operations out of Los Angeles, according to two reports from TechCrunch this week, citing unnamed sources.

Canoo wrote in a quarterly SEC filing on August 14th that it was “permanently” dropping its headcount as part of a reorganization plan for its Torrance, California facility, and offering to move “approximately 137” of 194 employees from there to either Oklahoma or Texas. Then,…

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