Blink charging announces workforce reduction to accelerate blinkforward initiative and strengthen global market position

Ev charging infrastructure leader to implement operational cost reduction plan bowie, md, may 19, 2025 (globe newswire) -- blink charging co. (nasdaq: blnk) (“blink” or the “company”), a leading global owner, operator, provider, and manufacturer of electric vehicle (ev) charging equipment and services, today announced a strategic restructuring plan designed to accelerate its blinkforward objectives, enhance operational efficiencies, and position the company for sustained long-term growth and profitability in the evolving global market. the core of this plan includes a difficult but necessary reduction of the company's global workforce by approximately 20%.
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