Blink Charging, a leading global electric vehicle (EV) charging infrastructure company, announced a strategic workforce reduction on May 19, 2025, as part of its BlinkForward initiative. The company is laying off approximately 20% of its global workforce to streamline operations, enhance agility, and achieve annualized savings exceeding $11 million. This restructuring aims to strengthen its market position and align resources with long-term growth priorities in the competitive EV industry. The reduction is expected to be completed by the end of the third quarter of 2025, with the company providing severance and support to affected employees.