Autonomus supply startup Nuro to convey ‘planned reduction in workforce’

Nuro, an autonomous supply startup based in 2016, has introduced it’ll perform a ‘planned reduction in force later this week,’ attributing the transfer to its choice to implement a ‘new roadmap.’

Co-founders Jiajun Zhu and Dave Ferguson made the announcement in a weblog publish, with out, nonetheless, specifying the variety of staff being laid off. According to a TechCrunch report, alternatively, this quantity stands at 340, or round 30% of Nuro’s current workforce.

“Unfortunately, implementing this new roadmap means making difficult choices around where we focus our efforts and where we cut or pause spending. Last month, we offered voluntary separation packages to some employees, and we will implement a planned reduction in force later this week. This change weighs on us most. We are deeply inspired by the dedication and passion of our colleagues and every step we take after this will be with gratitude for the hard work and contributions of the colleagues who will be leaving us,” the weblog publish stated, quoting the co-founders.

The newest layoffs come round 6 months after the Mountain View-headquartered startup laid off about 300 folks, accounting for 20% of its then workforce, doing so in November final yr.

Severance package deal

As per TechCrunch, these being terminated will obtain 12 weeks of severance; those that had been with the corporate for a minimum of two years will obtain an extra two weeks of severance.

For staff who possess a visa, Nuro will present healthcare by September 30, along with its assist.