Florida,슬롯 머신 사이트 추천May 4:슬롯 머신 사이트 추천US-based Luminar Technologies,슬롯 머신 사이트 추천known for developing vision-based LiDAR슬롯 머신 사이트 추천sensors and machine perception tech, announced laying off 20% of its employees. The Luminar layoffs슬롯 머신 사이트 추천were initiated due to the broader restructuring of the company's production process.슬롯 머신 사이트 추천As a part of this restructuring exercise, the company will cut 슬롯 머신 사이트 추천some jobs to improve overall production.슬롯 머신 사이트 추천

The Luminar layoffs, which are expected to affect슬롯 머신 사이트 추천at least 147 employees슬롯 머신 사이트 추천out of the 730 working in the United States, are part of a슬롯 머신 사이트 추천broader strategy슬롯 머신 사이트 추천by슬롯 머신 사이트 추천the슬롯 머신 사이트 추천tech company, according to the by The Verge. Luminar plans to outsource more production to its partners and 슬롯 머신 사이트 추천transition to an 'asset light' business model. This move, while reducing the 슬롯 머신 사이트 추천company's workforce, is aimed at ensuring more efficient production and securing its future in the competitive tech market.슬롯 머신 사이트 추천Tech Layoffs: Over 80,000 Tech Employees Lost Jobs Globally in First Four Months of 2024, Job Cuts Continue To Haunt Overall Startup Ecosystem, Says Report.

Luminar CEO Austin Russel reportedly said 슬롯 머신 사이트 추천it would be difficult for the company to let some of these people go as they had been a part of the journey for years. The report further said that the슬롯 머신 사이트 추천LiDAR developer informed the employees affected by the layoffs슬롯 머신 사이트 추천about the roles슬롯 머신 사이트 추천that were not required. After the Tesla layoffs, this would be another company in the슬롯 머신 사이트 추천automobile and tech sector that would cut jobs to save costs.슬롯 머신 사이트 추천

Luminar Technologies슬롯 머신 사이트 추천develops LiDAR (Light Detection and Ranging) sensors슬롯 머신 사이트 추천and delivers them to the top automobile companies such as Volvo, Toyota Research슬롯 머신 사이트 추천Institute, Airbus, Audi, Mercedes-Benz and China's SAIC and autonomous driving company Pony.ai.슬롯 머신 사이트 추천The Luminar restructuring might reportedly help the company save $400 million in the슬롯 머신 사이트 추천coming five years.슬롯 머신 사이트 추천The CEO Austin Russel further said that the Luminar layoffs will also help the company save $80 million in saving on슬롯 머신 사이트 추천an 'annual run basis'.슬롯 머신 사이트 추천Tesla Layoffs: Elon Musk Lays Off Entire Tesla Charging Network Team, Says Will Fire More Employees Who Do Not Pass 'Excellent, Necessary and Trustworthy' Test.

The report said the layoffs at Luminar had been the latest setback that슬롯 머신 사이트 추천hit the struggling autonomous vehicle industry. We have already seen슬롯 머신 사이트 추천tech giant Apple scrape the self-driving project슬롯 머신 사이트 추천and cut 600 jobs. General Motors-owned Cruiser company also initiated job cuts by letting go of 24% of its슬롯 머신 사이트 추천workforce. Aura company, which works on autonomous trucks, has laid off 3% of its employees.슬롯 머신 사이트 추천

(The above story first appeared on LatestLY on May 04, 2024 11:54 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).