Hyundai-backed autonomous company Motional cuts 5% of workforce
https://techcrunch.com/2024/02/28/hyundai-backed-autonomous-company-motional-cuts-5-of-workforce/
Motional, the autonomous vehicle company borne out of a joint venture between Hyundai Moor Group and Aptiv, told employees Wednesday it will cut about 5% of its workforce, TechCrunch has learned.
The cuts, which translate to less than 70 people, mostly affects administrative roles and some employees working in Boston, one of several cities where it tests autonomous vehicles, according to sources who asked to not be named because they are not authorized to speak for Motional. The autonomous vehicle company last had layoffs in December 2022, when it cut about 10% of its workforce. That earlier layoff mostly affected the company’s operations in Pittsburgh, where it tests AVs.