Nuro, the autonomous vehicle delivery startup backed by Softbank, Google and Tiger Global Management, is laying off about 300 people, or 20% of its workforce in an effort to preserve cash amid a stormy economic outlook, according to an email sent to employees this morning.
Several Nuro employees also posted on Twitter and LinkedIn this morning that they had been affected by the layoffs.
In the email viewed by TechCrunch, co-founders Jiajun Zhu and Dave Ferguson informed employees they would receive an update later this morning letting them know if they are impacted by this layoff and with information on next steps.
The co-founders said they take responsibility for the layoffs, which were the result of over-hiring in 2021 smacking into economic headwinds in 2022.
Each …
