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California-based robot delivery startup Nuro lays off 300 workers
short by Mansi Agarwal / on Saturday, 19 November, 2022
California-based autonomous delivery startup Nuro has laid off around 300 employees, representing about 20% of its workforce. "We doubled the size of our team in less than two years...assuming the funding environment would remain strong. This was a mistake," Nuro's co-founders said. The startup raised $600 million a year ago that increased its valuation to about $8.6 billion.
read more at Reuters