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battery recycling

Redwood Materials reportedly cuts 5% of staff after $350M raise

News Startups

27.11.2025

Redwood Materials reportedly cuts 5% of staff after $350M raise

Redwood Materials, a battery recycler and cathode producer, is reportedly reducing its workforce by 5% following a $350 million funding round. The Nevada-based company employs around 1,200 people, impacting...

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