Israeli computer vision startup Trigo is laying off 30 employees, which represents 15% of its approximately 200-person workforce. The company, which develops autonomous checkout technology for retail stores, announced the cuts across all departments in early January 2024. Trigo stated the restructuring is aimed at sustaining its leadership in innovation and expanding the deployment of its AI and computer vision technologies across its global retail client base, which includes major corporations. Founded in 2018, the company had raised $204 million, including a $100 million round in late 2022.
