Luminar, which makes lidar sensors for autonomous driving systems, announced today plans to lay off 20 percent of its ...
The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year.
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles ...
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.
You can follow the full year's layoff trends below, in which the workforce reductions started off with a peak in Q1, before ...