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Flying taxi maker Lillium lays off 1,000 workers and ceases operations
Lilium, a German company working on flying taxis, is no more.
As TechCrunch notes, German media Gründerszene was the first publication to report that it laid off 1,000 workers a few days ago after it failed to secure more financing to continue its technology's development. The company has yet to announce what will happen to its technology and the rest of its assets, but its patent attorney, Fabien Müller, wrote in a post that he's managing the transition of Lilium's intellectual property. The biggest news stories this morning: Apple is reportedly working on a Face ID smart doorbell system, James Bond (the movie franchise, not the spy) may be in deep jeopardy.
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