Luminar kicks off another round of layoffs amid CEO’s sudden resignation

Lidar maker Luminar lays off more workers following CEO exit

Luminar, a company that develops lidar systems for autonomous vehicles, started laying off workers just one day after its founder and CEO, Austin Russell, abruptly resigned. In a regulatory filing spotted by TechCrunch, the company said it began carrying out restructuring efforts on May 15th, which include a “reduction in its workforce.” Last year, Luminar announced plans to cut 20 percent of its employees as it began outsourcing more of its pro…

Luminar kicks off another round of layoffs amid CEO’s sudden resignation

Luminar, the lidar company founded by recently replaced CEO Austin Russell, is going through another restructuring, according to a recent regulatory

Shopify to lay off 20% of staff in another round of cuts

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Luminar Initiates Another Round of Layoffs Following CEO Departure Amid Ethics Inquiry

Luminar Technologies Inc., a lidar technology company recently shaken by executive leadership changes, has initiated a new round of layoffs starting May 15, according to a recent regulatory filing. The company did not disclose the number of employees affected in this latest reduction. This latest workforce cut follows extensive layoffs in 2024, when Luminar reduced [...] The post Luminar Initiates Another Round of Layoffs Following CEO Departure…