Origin Materials to reduce headcount nearly 30%
In California, Origin Materials is cutting its workforce by 28% and focusing its commercial activities on its polyethylene terephthalate caps business. John Bissell, Co-Founder and Co-CEO of Origin Materials, said the move it to proactively reallocate resources. “Our first caps customer has signed an [memorandum of understanding] for billions of caps, totaling over $100 million […]