TechnologyUS
Redwood Materials Layoffs
November 2025
Redwood Materials announced a layoff affecting 1,200 employees (5% of its workforce) in November 2025. The company operates in the Technology sector.
People Affected
1,200
Percentage
5%
Announced Date
Nov 26, 2025
About
Redwood Materials, a battery recycler and cathode-maker based in Nevada, is reportedly cutting around 5% of its workforce, affecting a few dozen workers out of approximately 1,200 employees, following a recent $350 million raise. The layoffs come after the company's Series E funding in October boosted its valuation to around $6 billion, with a spokesperson declining to comment on the cuts.
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