Canoo has placed workers on ‘mandatory unpaid leave’ after a work stoppage at Oklahoma plants this week

After announcing this week that, EV startup Canoo sent an email to remaining employees informing them that they have been placed on “unpaid leave” and will be locked out of the company’s plans by the end of the day Friday, reports. Email viewed by TechCrunch it is reported that the break will last at least until the end of the year. Canoo announced Wednesday that it will close its factories in Oklahoma “while it works to finalize the capital it needs to continue its operations.”

Canoo has faced , and the departure of many officials in the past year. It added 30 employees this fall alone. Canoo’s announcement Wednesday said the company is now “in advanced discussions with various financing sources.” In a statement about the cuts, Canoo said, “We regret laying off our staff, especially during the holidays, but there is nothing we can do at this time. We hope to be able to return them to work soon.”