Luminar lays off 20 percent of staff amid restructuring

“Luminar makes tough decisions in restructuring: πŸ’” 20% staff laid off as the company shifts to an ‘asset light’ model, outsourcing industrialization. #businessnews”

Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an “asset light” model that includes outsourcing industrialization.

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