Tag: Luminar

04
May
2024

Luminar cuts headcount by 20%, outsources lidar production

LiDAR company Luminar is cutting its workforce by 20% and will increase its reliance on contract manufacturing partners as part of a restructuring to scale production and move to a more “asset-light” business model. The layoffs will affect approximately 140 employees and will begin immediately. Luminar will also cut ties with the “vast majority” of