In related news

  • Luminar to cut nearly 20% jobs as part of restructuring

    Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Friday that it would cut its workforce by about 20%, as part of a restructuring plan for the current year. As of December last year, the company had nearly 800 full-time employees in the U.S., Germany, Sweden, India and China. Luminar is also looking to sub-lease some of its facilities in portions or fully, reducing global footprint as part of the restructuring. The plan will be implemented immediately and lead to an...

  • Tesla lays off more than 3,300 California workers, mostly in Bay Area

    Tesla’s massive, companywide layoff round is set to slam California, with 3,332 workers across four cities losing their jobs in June. The Elon Musk-led automaker revealed the timing and scope of the layoffs in WARN filings with California on Monday; such documentation is required by the Worker Adjustment and Retraining Notification Act in the event of mass layoffs. Tesla’s cuts are hitting its Fremont locations hardest, with 2,267 layoffs across a dozen job sites. More than 1,400 of them are...

  • Tesla Will Axe Almost 2,700 Jobs From Texas HQ

    Layoffs represent a 12 percent cut in Tesla’s headcount in the Austin area