Self-driving truck company TuSimple to lay off hundreds days before Christmas: report

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

CHRISTMAS CATASTROPHE: Truck company will reportedly lay off hundreds before the holidays

TuSimple will shift focus to improving a software product that matches self-driving trucks with shippers that have freight to haul, in order to offer freight transport at a lower cost than human-driven trucks, people familiar with the company's plans said. Employees have been.

A TuSimple self-driving truck. The company reportedly plans to lay off about half its workforce before Christmas 2022. The company is losing money. TuSimple reported only $4.9 million in revenue and $220.5 million in losses for the first half of 2022, according to the report. Its partnerships with other firms including Navistar International Corp. and McLane Company Inc., have also fallen apart amid the controversies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Keep laying people off. Soon you'll have no one to buy your products. No money

Well and we are expecting this as a county that's awesome 10% for the big guy WTF this needs to be stopped

well if they are self-driving, who are they laying off ? ( kidding )

Now they have enough so they can build themselves

can they drive a truck?

Biden’s destruction of the economy from the bottom up and the middle out

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines