EV startup Vinfast to cut US jobs amid restructuring

EV startup Vinfast to cut US jobs amid restructuring

FILE PHOTO: A VinFast video is screened during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake

Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said on Monday, 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.