Autonomous expertise firm Argo AI stated it laid off about 150 staff on Thursday.
In a written assertion, an Argo spokesman stated the layoffs have been a part of “prudent changes to our marketing strategy” as the corporate deliberate for future development.
Former Argo staff who labored within the firm’s human assets, recruiting, technical sourcing and communications divisions shared information of their layoffs on their respective LinkedIn profiles.
Argo’s workforce stays at greater than 2,000 staff worldwide, in accordance with the spokesperson.
The Pittsburgh-based firm has been constructing and launching new operations at a speedy tempo over the previous yr.
In September, it started a partnership with Walmart that centered on supply providers in Miami, Washington, DC, and Austin, Texas. That got here the identical month that Argo started autonomous exams in Munich.
In December, Argo partnered with Lyft and Ford to launch the ride-sharing service in Miami, a metropolis that has been on the forefront of the corporate’s total AV efforts for years. Two months in the past, Argo started testing autonomous autos with out human security drivers on the wheel in Miami.
The layoffs wouldn’t hamper the expansion of these partnerships, the Argo spokesman stated, nor would they delay any of the corporate’s plans to develop industrial providers round its self-driving methods.
Ford Motor Co. and Volkswagen Group are the principle traders in Argo.