2023-12-14 18:40:53
Nine months following receiving a $6 million grant from Quebec, the Quebec operator of charging networks and manufacturer of FLO terminals is temporarily laying off 8% of its workforce in Shawinigan, confirmed to Journal the company, Thursday followingnoon.
“These are temporary layoffs and our intention is to recall impacted employees within the next six months or sooner,” Journal Maude Blouin, spokesperson for FLO.
The announcement was made yesterday morning to employees of the Mauricie factory.
These job cuts, in the run-up to Christmas, come just a few months following the granting of a $6M subsidy to FLO for a $23.8M project for a new generation of high-power terminal.
“Out of respect for our affected colleagues and out of concern for confidentiality, we are not disclosing the total number. However, I can tell you that this is less than 8% of our workforce,” the FLO spokesperson said.
According to FLO, these “difficult decisions” were necessary for the company to be profitable. The company remains convinced that the electric vehicle charging industry is set to grow in the coming years.
According to Daniel Breton, CEO of Electric Mobility Canada (MEC), there is no reason to worry since the acceleration in electric sales continues.
“FLO has a reputation for being extremely reliable. Its new generation of terminals will continue to make them particularly competitive,” analyzed the specialist in the electrical industry in Quebec.
Dozens of employees affected
Some 500 people work for FLO, around forty people are affected.
Beginning of November, The newspaper reported that clouds were looming on the horizon over the battery sector, while investments of $16 billion from Ford were on hold and a $7 billion project from Honda and General Motors (GM) was aborted.
For his part, Sylvain M. Audette, associate member of the Research Chair in Energy Sector Management at HEC Montréal, estimated that “if the electric vehicle production market collapses, it will be worrying.”
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