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ChargePoint Holdings announced a global workforce reduction of approximately 10% effective July 29, 2026, estimating…
CHPTChargePoint Holdings, Inc.
ChargePoint Holdings announced a global workforce reduction of approximately 10% effective July 29, 2026, estimating aggregate restructuring costs of $6 million primarily for severance and facility expenses. The company expects to complete the reorganization during fiscal year 2027, with costs incurred mainly in the second and third quarters. Concurrently, Chief Revenue Officer John “David” Vice separated from his role on July 28, 2026, entering a four-month transition period before fully departing. ChargePoint reaffirmed its revenue guidance of $100 million to $110 million for the second quarter ended July 31, 2026. The company operates in the electric vehicle charging infrastructure industry.