Vietnamese electric vehicle (EV) maker VinFast is cutting its workforce in the United States amid a restructuring in its major overseas market as the startup grapples with a stalled shipment of its first cars and prepares for a potential stock listing, the company said.
A spokesperson said headcount would not shrink in Vietnam where most of the company’s staff is located.
It was not immediately clear how many jobs would be affected. VinFast had hired about 150 people in the United States, many in sales, support and distribution roles as part of a model that bypasses traditional dealerships.
