03-05-2024 23:24 via rocketnews.com

Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan

Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnShares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving ve
Read more »