After it was announced this week that it EV startup Canoo emailed remaining workers to inform them they were placed on a “mandatory unpaid break” and would be locked out of the company’s systems at the end of the day on Friday. reports. Email viewed by TechCrunch the hiatus will reportedly last at least until the end of the year. Canoo announced Wednesday that it is shutting down its Oklahoma factories “while it works to finalize securing the capital it needs to continue its operations.”

Confronted by Canoo , and the departure of several executives in the past year. it it furloughed 30 employees this fall. Canoo’s announcement on Wednesday said the company is currently in “advanced discussions with various sources of capital.” In a statement about the cuts, Canoo said, “We regret that we have to furlough our employees, especially during the holidays, but we have no choice at this point. We hope we can make them get back to work soon.”