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SK Battery Cuts 958 Jobs Amid EV Demand Decline

3/7/2026

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Story summary
  • SK Battery America Inc. laid off 958 workers at its Commerce, Georgia plant, representing 37% of its workforce.
  • The layoffs stem from changing automaker electrification plans and declining EV demand under U.S. President Donald Trump.
  • The Ford F-150 Lightning batteries were supplied by the facility, which has been canceled.
  • Severance pay will be provided through May 6.