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COVID-19 pandemic: EV startup Byton furloughs about half its 450 employees at US headquarters

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COVID-19

Byton’s leadership will also collectively take an 80% pay cut and invest in Byton’s round C fundraising

Electric vehicle (EV) startup Byton has furloughed nearly half of its employees working at its headquarters in Santa Clara, California, United States, because of the coronavirus disease 2019 (COVID-19) virus pandemic, news website electrek reported on 21 April, citing a Byton spokesperson.

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