The restructuring comes about as the company works to maintain balance sheet strength amid a slowdown in hydrogen infrastructure development and delayed fuel cell adoption, it said.
Related Posts
Broadcom Revenue Surges on Semiconductor Business Momentum
For its fiscal first quarter, Broadcom expects revenue of $14.6 billion, up from a reported topline performance of $11.96 billion for the year-ago period.
Inside the Business of Running a Haunted House
Most don’t make it past their third year. But the successful ones have figured out a winning formula.
OMV Earnings Face Production Hit on Libya Unrest
The Austrian energy company said growing security concerns in Libya hampered third-quarter earnings, along with weaker oil prices and refining margins through the period.