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Redwood Materials lays off 10% in restructuring to chase energy storage business

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Redwood Materials has laid off around 135 employees, or roughly 10% of its workforce, as it restructures to better accommodate its growing energy storage business, TechCrunch has learned.

The cuts come just five months after Redwood cut 5% of its workforce, and three months after it closed a $425 million funding round that boosted the battery-recycling company’s valuation to north of $6 billion, as TechCrunch previously reported.

It’s been a difficult time in the battery industry lately. Earlier this month, battery recycler Ascend Elements filed for Chapter 11 bankruptcy protection, citing “insurmountable” financial challenges. Some battery makers have also restructured or gone out of business as the automotive industry in the U.S. has backed away from its most optimistic and ambitious plans to transition to electric vehicles.

But Redwood Materials founder and CEO JB Straubel told employees that this new round of cuts is not a sign that the company is heading down the same path.

“Redwood today is the strongest it’s ever been,” Straubel wrote in an email to the workers who weren’t laid off, according to a copy viewed by TechCrunch. “The materials business is well on its way to profitability and has an exciting roadmap ahead.”

Straubel noted that Redwood “continue[s] to dominate the US battery recycling market” but also touted the company’s “great momentum” in its new energy storage business. Redwood has recently announced deals with Crusoe AI and, most recently, electric automaker Rivian to provide recycled batteries that can be used to power those companies’ facilities. The company declined to comment beyond the contents of Straubel’s email.

In his message, Straubel wrote that “parts of the company have expanded faster than needed to support the direction” of Redwood. As a result, he said Redwood is making cuts across multiple divisions, including the engineering and operations organizations, according to an employee who was granted anonymity to discuss the layoffs.

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“We are confident that we can deliver on our critical projects with a smaller team that is more focused,” he wrote. “We have successfully adapted to changes in the market that have bankrupted many of our competitors.”

Straubel went on to write that he is “more excited than ever with our path ahead as we build the most integrated and cost-effective critical materials and energy storage business in the world.”

“This is a self-sustaining business and will continue to make this company more valuable over time. We have the team and the technology to do what no other company can,” he wrote.

Workers who were laid off were told by Redwood’s chief HR officer that the layoffs were made “to sharpen our focus, our work and the size of our teams to support the direction Redwood is going in the future,” according to a copy of her email, which was viewed by TechCrunch.

Employees who were laid off are receiving severance and paid health benefits, according to Straubel’s email, as well as “career transition assistance.”

“I am grateful to the approximately 135 employees who we say goodbye to today — they’ve all contributed to building Redwood,” he wrote.

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Tammy Hembrow’s Bootyful Hot Shots … Happy 32nd Birthday!

2024 02 17 14 59 57 1536x138


Tammy Hembrow
Bootyful Hot Shots To Kick off Her 32nd Birthday!!!

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Which wax pen is the best under $100?



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Justice Dept. Charges Prominent Civil Rights Group With Financial Crimes

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The Justice Department charged the Southern Poverty Law Center, a civil rights group that has long tracked hate groups, on Tuesday with financial crimes, accusing it of defrauding donors by using their money to secretly pay informants inside extremist organizations.

At a news conference announcing the charges, Todd Blanche, the acting attorney general, said that from 2014 to 2023, the group made payments totaling more than $3 million to people who were affiliated with extremist organizations like the Ku Klux Klan and the National Socialist Party of America. The law center, he added, was “doing the exact opposite of what it told its donors it was doing — not dismantling extremism, but funding it.”

The indictment, however, offers little to support the notion that the group’s payment to informants was meant to aid the extremist groups they had infiltrated.

Prosecutors describe how one informant, which the law center refers to as a field source, “was a member of the online leadership chat group that planned the 2017 ‘Unite the Right’ event in Charlottesville, Virginia, and attended the event at the direction of the S.P.L.C.”

That rally included torch-wielding marchers chanting antisemitic slogans, and violent clashes that culminated with one participant ramming his car into a group of counterprotesters, killing a woman and leaving at least 19 others injured.

The informant “made racist postings under the supervision of the S.P.L.C. and helped coordinate transportation to the event for several attendees,” the charging document said. Between 2015 and 2023, the informant received more than $270,000 from the group, the indictment said.

Another informant affiliated with a neo-Nazi group was paid more than $1 million over a period of about nine years, according to the indictment, and in 2014 that informant stole 25 boxes of documents from an unidentified violent extremist group. The Southern Poverty Law Center later used those documents to create a report about the group.

The center faces charges of wire fraud, false statements to a bank, and conspiracy to commit money laundering. No individuals were charged in the indictment, though Mr. Blanche said the investigation was continuing. He accused the group of “manufacturing racism to justify its existence.”

The Southern Poverty Law Center was formed in 1971 in Alabama and is best known for investigating groups like the Ku Klux Klan and other white supremacy organizations. In recent years, Republicans have accused the group of unfairly targeting conservative and Christian organizations, labeling them as extremists.

The criminal charges come as the Trump administration makes a broader push to counter what it calls anti-Christian and anti-conservative bias in the government. Last week, the Justice Department issued a report highly critical of how the Biden administration prosecuted anti-abortion activists under a law meant to safeguard access to abortion providers and church services.

Bryan Fair, the group’s interim chief executive, expressed outrage over what he called the “false allegations.” The indictment, he said, “will not shake our resolve to fight for justice and ensure the promise of the civil rights movement becomes a reality for all.”

In a video statement issued before the charges were filed, Mr. Fair argued that the Southern Poverty Law Center was being targeted for political reasons, saying the Trump administration had “made no secret of who they want to protect and who they want to destroy.”

Mr. Blanche denied the case was rooted in partisanship, saying, “There is nothing political about this indictment.”

In his video statement, Mr. Fair said that the group no longer worked with paid informants but added that those informants had “risked their lives to infiltrate and inform on the activities of our nation’s most radical and violent extremist groups.” That work, he insisted, saved lives.

The center had for many years provided information and tips to local law enforcement and the F.B.I.

Conservative criticism of the Southern Poverty Law Center intensified after the assassination of the right-wing activist Charlie Kirk in September at a public speaking event in Utah. A 2024 report from the center included a description of Mr. Kirk’s group, Turning Point USA, which called the group a “case study of the hard right.”

In October, the F.B.I. director, Kash Patel, announced that the bureau was severing its ties with the group. He said the organization “long ago abandoned civil rights work and turned into a partisan smear machine.” He singled out their use of a “hate map” displaying what it described as anti-government and hate groups, saying the map unfairly targeted “mainstream Americans.” Around the same time, Mr. Patel also cut his agency’s ties with the Anti-Defamation League, a group that fights antisemitism.

Mr. Blanche said the Southern Poverty Law Center did not tell the F.B.I. about its use of informants, or the use of shell companies to disguise that the informants were receiving payments from the group.

At the news conference, Mr. Patel answered questions about a defamation suit he filed on Monday against The Atlantic over a recent article that claimed his job was in jeopardy over what it described as excessive drinking.

“I have never been intoxicated on the job,” Mr. Patel said. Mr. Blanche also came to his defense, disputing that he had fielded concerns about Mr. Patel’s alleged drinking, as the article stated. The Atlantic has said it stands by its reporting.

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Devin Haney’s Ex Says Coparenting Going Well, Laughs Off Romantic Reconciliation

2024 02 17 14 59 57 1536x138


Devin Haney’s Ex
Everything’s Good With Boxer Now
… But LOL At Reconciliation

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Best Portable Vaporizers Right Now



My review of some of the best portable vaporizers for dry herb. See all of my reviews here: https://vaporize.com/collections/best-portable-vaporizers

Stay up!
-Bud

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—

*Venty by Storz & Bickel*
– Probably the best vaporizer overall (battery-powered portables)
– If I had to choose just one to recommend it would be this
– However, it has issues with reliability (I had to RMA)
– Works really well with dosing capsules
– Very easy to load and use
– Powerful heater w/ great battery life
– Strong vapor, good airflow, low draw resistance

*Crafty+ (S&B)*
– My #1 actual true pocket portable vaporizer
– Been my go-to when I leave home for 10 years
– Excellent form factor and ease of use
– Battery life not great (~2-3 sessions)
– Good vapor quality and potency (does the job)

*Mighty+ (S&B)*
– Larger size for two batteries, lasts 2x longer
– Faster heat-up than Crafty
– Virtually same performance (same oven)
– Oven capacity is ~0.25g (less with capsule)
– For me this one is a “cordless home vape”

*PAX Plus*
– Possibly the best portable form factor
– Very easy to use, no thinking required
– It’s a sipper, don’t need long draws
– Pure conduction heat, performance is limited
– Flavor is pretty good for first half of bowl
– Potency is medium, hard to really get ripped

*Tafee Bowle 2*
– Possibly most unique form factor, cup is functional
– A favorite among many enthusiasts
– Vapor quality is top-tier, convection heating
– Excellent flavor and smoothness
– Very free-flowing draw, low resistance
– Won’t find many complaints about the performance

*TinyMight 2*
– Very nice look & feel, good materials
– Removable 18650 battery
– Strong convection heater
– I use the Ti stem, stock glass can look dirty
– Some people dislike loading and unloading
– Potent vapor, good flavor, decent smoothness

*BAKx by Lamart*
– Very unique design, handmade in Switzerland
– Works with mod as power source
– All glass vapor path without screen
– Works with ground bud, whole nugs, and concentrates
– Great through a j-hook or glass rig
– Excellent flavor and vapor quality
– Full extraction, strong effects

*Tetra P80 by Lamart*
– Built-in mod w/ removable battery
– Unique & powerful convection heater
– Swappable stems, newer ones have built-in cooling
– Excellent vapor quality and potency
– Hard to get, might come back in future
– This and BAKx are both special pieces

*Arizer Solo 3*
– Solid build quality, nice look & feel
– Many seem to like it, but not one of my favorites
– Seems to work best as an on-demand device
– Remove stem after each draw to prevent overheating
– Great vapor production, potent effects
– Not the smoothest but it’s decent

*Xmax Roffu*
– Least expensive battery-powered portable that I recommend
– Better than any others I’ve tried around $150 or less
– Good build quality, feels nice in hand
– Thoughtful design of vapor path
– Very decent performance, just not amazing

*Dynavap*
– The OG torch-powered stem vape
– Variety of styles and sizes
– I’m showing a standard “M Plus”
– The UniDyn didn’t do it for me though
– Nice performance once dialed in
– Works great with induction heaters like the Wand
– Good vapor quality, good effects
– Efficient with small amounts

*Simrell (The Relli)*
– Most elegant, refined analog device I’ve tried
– Build quality and machining is top-tier
– Can be used with small torch or IH like Wand
– Great for microdosing, can load 0.05g up to ~.15g
– Excellent performance, 3 heating styles, pretty forgiving
– Very smooth & flavorful vapor
– Strong effects from small amounts

*Tornado by Vestratto*
– Heavy hitter, it’s pretty beastly
– Can get cooling stem or use with WPA
– Medium size torch or IH recommended
– Great vapor production, dense clouds, strong effects
– Maybe not the best for flavor chasing
– Took a few tries to dial-in but it’s worth it

*Tempest 2*
– Cool design with useful features
– Adjustable airport, indicator on cap, WPA built-in
– Medium size torch or IH recommended
– Needed some time to dial in technique
– Big clouds, strong vapor
– Sometimes not the smoothest for me

*Vapman Click*
– Unique design, quality craftsmanship
– Heat it with a single-flame torch for ~5 seconds
– Works best with small loads
– Makes an excellent morning vape
– Light but flavorful vapor

*Vaphit QoQ*
– Quartz-on-quartz design, pretty unique
– Almost 100% all-glass airpath (tiny bit of SS)
– Medium size torch recommended
– Very nice vapor signature, complex flavor
– Not super forgiving, easy to overheat
– Tricky technique but rewarding

*Frolic by Limelight*
– Looks like it could be a good performer
– Uses a single 21700 battery
– Too early to be able to recommend it
– Keeping an eye on it, will try soon

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