The company’s founders said it grew too rapidly in the past year thanks to an abundance of capital and a growing sense of competition. But Nuro has since run into economic headwinds that are challenging the entire tech industry, and it could no longer sustain the size of its workforce.
“Laying off team members is always the last resort, but unfortunately it was needed after other options were exhausted,” co-founders Dave Ferguson and Jiajun Zhu wrote. “This result is on us; we doubled the size of our team in less than two years and significantly increased our operating expenses, assuming the funding environment would remain strong. This was a mistake.”
Ferguson and Zhu, two veterans of the Google self-driving car project that would go on to become Waymo, founded Nuro in 2016. It is one of the few companies operating fully driverless vehicles — that is, vehicles without safety drivers behind the wheel — on public roads today. It was
Blame elonmusk ! All firings are his fault
If i see one of thise things on the sideway and it doesnt get the fuck out of my way, im going to flip it.