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flag SK Inc. cut nearly 1,000 jobs at its Georgia battery plant due to reduced EV demand and scaled-back production plans.

flag SK Inc. has laid off nearly 1,000 workers at its Georgia battery plant as the company scales back plans for electric vehicle battery production amid shifting automaker demand and reduced investment in EV initiatives. flag The layoffs mark a significant reversal from earlier expansion projections and reflect broader industry slowdowns in EV manufacturing.

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