Sobr Safe Cuts Workforce By 11 People Amid Restructuring, Merger

Dow Jones05-14

By Christopher Kuo

Sobr Safe is cutting its workforce by 11 employees as it restructures for its merger with Clean World Ventures, a zero-carbon energy technology company.

The alcohol monitoring and detection technology company said the cuts would reduce its workforce by about 70% and would decrease its annual operating costs by about $1.6 million. The company estimates its total restructuring charges will be about $105,000, primarily in the second quarter.

As of Dec. 31, 2025, the company employed 18 full-time people, according to a Securities and Exchange Commission Filing.

In April, Sobr Safe agreed to merge its eponymous alcohol monitoring and detection technology business with Clean World Ventures.

The combined business would operate as Clean World Ventures, with a focus on energy technology, and CWV would have a roughly 98% stake, upon the close of the deal. The transaction is expected to close in the third quarter.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

May 13, 2026 17:42 ET (21:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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