Nuro lays off 30 percent of staff, shifts focus to R&D
. It will now shift its focus away from commercial operations and toward R&D. It’s the company’s second round of layoffs in the last year; itAs part of the restructuring, Nuro says it’s delaying the previously planned production of itsvehicle. In addition, it will reduce the scale of its commercial pilots and “explore more efficient deployment models with partners.” The company says the changes will let it operate twice as long without raising more money.
Nuro was founded in 2016 by former Google Waymo engineers Jiajun Zhu and Dave Ferguson. Since then, the startup has raised over $2 billion while gaining regulatory approval for testing on public roads in Arizona, California and Texas.
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