Autonomous supply startup Nuro announced this week that it’s shedding 30 % of its workforce, or round 340 workers, as reported by TechCrunch. It should now shift its focus away from business operations and towards R&D. It’s the corporate’s second spherical of layoffs within the final 12 months; it let go of about 300 individuals in November.
As a part of the restructuring, Nuro says it’s delaying the beforehand deliberate manufacturing of its third-generation Nuro bot (R3) automobile. As well as, it’ll scale back the size of its business pilots and “discover extra environment friendly deployment fashions with companions.” The corporate says the modifications will let it function twice as lengthy with out elevating extra money.
Nuro was based in 2016 by former Google Waymo engineers Jiajun Zhu and Dave Ferguson. Since then, the startup has raised over $2 billion whereas gaining regulatory approval for testing on public roads in Arizona, California and Texas. Final 12 months, it introduced the kickoff of an Uber Eats delivery program as a part of a 10-year partnership.
“Whereas prior to now we developed autonomy programs, designed and constructed customized autos, and deployed business pilots with companions in parallel, we’ll now pursue a extra sequential improvement mannequin,” the corporate wrote in a weblog put up. “With our new strategy, Nuro is not going to solely get via this financial downturn, however we hope to emerge stronger on the opposite aspect.”
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