Self-driving truck company TuSimple to lay off 25% of workforce

Well, we knew it was coming. Self-driving trucking technology company TuSimple confirmed Wednesday it plans to lay off 25% of its total workforce as part of a broader restructuring plan designed to keep the company running.
The layoffs come a couple of weeks after TuSimple and Navistar ended their deal to co-develop purpose-built autonomous semi trucks. The staff reductions, which we estimate to affect around 350 workers, also follow a rough year for the company, including a series of executive shakeups, multiple federal investigations, a truck crash and a plummeting stock price. Like many oth

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