TuSimple plans to chop half of workforce subsequent week, WSJ stories

TuSimple plans to chop doubtlessly no less than half of its workforce subsequent week, Heather Somerville of Wall Road Journal stories, citing individuals conversant in the matter. A workers discount of that dimension would probably have an effect on no less than 700 staff, sources instructed the Journal. TuSimple CEO Cheng Lu, when requested to touch upon the deliberate layoffs, instructed the Journal he supposed “to proper the ship, and this contains guaranteeing the corporate is capital environment friendly.” The corporate plans to cut back considerably its work on constructing self-driving methods and testing self-driving vans on public roads in Arizona and Texas, the individuals conversant in the matter mentioned. TuSimple will deal with constructing out a software program product that matches self-driving vans with shippers which have freight to haul, they added. TSP?mod=searchresults_companyquotes” goal=”new”>Reference Hyperlink

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