Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported that Motional is pausing commercial operations and delaying plans to launch a robotaxi service with its next-gen Hyundai Ioniq 5 robotaxis until 2026 as it […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” business model, as it aims to scale production. The cuts will affect around 140 employees, and are starting immediately. Luminar is also cutting […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

The new job cuts come over a year after the company cut about 4% of its headcount in February last year. © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Peloton, the exercise equipment maker, said it is laying off 15% of its workforce as part of cost-cutting measures. © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Google told TechCrunch that Flutter will have new updates to share at I/O this year. © 2024 TechCrunch. All rights reserved. For personal use only ..read more

A tech-wide reckoning that began in 2022 and ran throughout into 2023. Though 2024 has gotten off to a rough start, it has yet to reach the peak of the prior year’s substantial cutbacks. This post serves as a record of those layoffs, and the coverage of the reasons behind them, ranging from duplicative roles, […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla has gutted its charging team in a new round of layoffs, despite recently winning over major automakers like Ford and General Motors and making its connector the de facto standard in North America. Tesla’s Supercharger network has long been seen as one of its greatest competitive advantages. It’s widely available, has far better uptime […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Google told TechCrunch that Flutter will have new updates to share at I/O this year. © 2024 TechCrunch. All rights reserved. For personal use only ..read more

EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal email viewed by TechCrunch. Founder and CEO Henrik Fisker told employees Monday morning in the email that the company is “continuing to evaluate […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more