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Self-driving tech firm Argo AI lays off about 150 employees

Self-driving tech firm Argo AI lays off about 150 employees

Self-driving tech firm Argo AI stated it laid off about 150 workers on Thursday.

In a created statement, an Argo spokesperson said the layoffs have been element of “prudent changes to our organization plan” as the company plotted for future progress.

Former Argo staff who worked in the company’s human methods, recruiting, technological sourcing and communications divisions shared information of their layoffs on their respective LinkedIn profiles.

Argo’s workforce continues to be at more than 2,000 workers across the globe, in accordance to the spokesperson.

The Pittsburgh-centered organization has produced and launched new functions at a fast clip around the earlier 12 months.

In September, it started a partnership with Walmart that targeted on shipping services in Miami, Washington, D.C., and Austin, Texas. That arrived in the very same thirty day period Argo started autonomous testing in Munich.

In December, Argo partnered with Lyft and Ford on launching ride-hailing assistance in Miami, a city that’s been at the forefront of the company’s overall AV attempts for decades. Two months ago, Argo began tests AVs without having human safety drivers guiding the wheel in Miami.

Layoffs would not hinder the growth of individuals partnerships, the Argo spokesperson said, nor gradual any of the company’s options to build commercial providers all-around its self-driving systems.

Ford Motor Co. and Volkswagen Group are significant buyers in Argo.