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Luminar Restructures: 20% Workforce Reduction to Boost Profitability

Luminar Technologies plans to cut 20% of its workforce in a reorganization strategy to increase output and reduce costs. ....

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Luminar Technologies: Luminar to cut nearly 20% jobs as part of restructuring

As of December last year, the company had nearly 800 full-time employees in the U.S., Germany, Sweden, India and China. ....

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Luminar to cut nearly 20% jobs as part of restructuring

As of December last year, the company had nearly 800 full-time employees in the U.S., Germany, Sweden, India and China. ....

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Luminar Technologies: Luminar to cut nearly 20% jobs as part of restructuring, ET Auto

Luminar Technologies: Luminar is also looking to sub-lease some of its facilities in portions or fully, reducing global footprint as part of the restructuring. ....

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Luminar Experiencing A Downturn in Autonomous Vehicles Appeal, Cuts 20% Jobs in Extensive Production Restructuring

The company recently announced shipments of its next-generation laser sensors to Volvo. It stated that it will shift towards an "asset light" business model, outsourcing more of its production to partners. At least 147 positions will be eliminated. Read more. ....

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