Autonomous driving firm Aurora lays off 3% staff (updated)

Aurora Innovation

25/01/2024 24:34

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       Jan 24 (Reuters) - Autonomous vehicle technology company
Aurora Innovation  AUR.O  said on Wednesday it had cut 3% of its
workforce as part of a reorganization exercise.
    Aurora had 1,700 employees by 2022-end, as per the company's
securities filings.    
    "As we move toward commercial launch, we recently reviewed
the entire organization to ensure we are working as effectively
as possible ... Through this process, a limited number of roles
were eliminated which impacted 3 percent of our total
workforce," according to a company statement attributed to
Cristopher Barrett, senior vice president, people.
    The Pittsburgh-based company, which went public through a
merger with a blank cheque firm in 2021, is building the
technology that will power future self-driving trucks. 
    Aurora has partnerships with Continental AG  CONG.DE  and
Volvo  VOLVb.ST , and plans to deploy its first set of
driver-less trucks on the streets this year.
    Earlier this month, the company said it had finalized the
design and architecture of the hardware for Aurora Driver
autonomous driving system that Continental plans to produce in
2027.
    Aurora said the partnership with the German company gives it
a path to deploy autonomous trucks at scale after its initial
driverless launch, planned at the end of 2024.
    

 (Reporting by Yuvraj Malik and Akash Sriram in Bengaluru;
Editing by Sherry Jacob-Phillips)
 ((yuvraj.malik@thomsonreuters.com;))