Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Luminar, maker of lidar for autonomous driving, lays off 20 percent of its workforce $LAZR https://t.co/5asX1UeGAE
Luminar to cut nearly 20% jobs as part of restructuring @luminartech, a maker of lidar sensors for self-driving cars, said that it would cut its workforce by about 20%, as part of a restructuring plan for the current year. https://t.co/FmpxKw5wbJ
Luminar to cut nearly 20% jobs as part of restructuring https://t.co/qU9bxrMkr8 https://t.co/wdvL3wSthH
Luminar Technologies, a company specializing in lidar sensors for autonomous driving, announced it will lay off 20% of its workforce as part of a restructuring plan. The company also plans to outsource its lidar production. This move comes amid a broader strategy to streamline operations and reduce costs. The decision has impacted Luminar's stock, which fell following the announcement.
