Get the latest tech news
Self-driving vehicle company Aurora cuts 3% of its workforce
Aurora cut 3% of its workforce as the company presses forward to deploy a commercial self-driving trucks business by the end of the year.
Aurora Innovation, the autonomous vehicle technology company aiming to launch a “driverless” self-driving trucks business by the end of 2024, laid off dozens of workers this week, according to sources familiar with the action. “As we move toward commercial launch, we recently reviewed the entire organization to ensure we are working as effectively as possible and with the velocity required to achieve our ambitious goals,” according to an emailed statement attributed to Aurora’s senior vice president of people Cristopher Barrett. In 2022, a leaked memo sent by Aurora CEO and co-founder Chris Urmson presented a swath of cost-cutting and cash-generating options to its board, ranging from a hiring freeze and spinning out assets to a small capital raise, going private and even selling itself to high-profile tech companies Apple and Microsoft.
Or read this on TechCrunch