EV startup Byton furloughs half of its 450-person staff in the U.S. – TechCrunch

[ad_1] China-based electric car startup Byton has furloughed about half of the 450 employees who work at its North American headquarters in Santa Clara, Calif., putting the release date of the automaker’s upcoming M-Byte vehicle into question. Byton told the furloughs were the result of the COVID-19 pandemic. The intention is to bring these furloughed…