Self-driving truck technology provider TuSimple plans to lay off about 150 employees immediately, or 75% of the company’s U.S. workforce — a wind down of U.S. operations after finding no buyers during a strategic review.
TuSimple is based in San Diego. The employees comprise 19% of TuSimple’s global workforce, the company said in a filing with the U.S. Securities and Exchange Commission.
Once this latest round of layoffs is completed, TuSimple is set to have about 700 full-time employees, and the company will focus solely on the Asia-Pacific region.
