Monarch Tractor Layoffs

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Autonomous electric tractor startup Monarch Tractor warned employees in a memo on November 19, 2025, that it may need to lay off more than 100 staff and could potentially shut down entirely. This follows recent smaller job cuts at its California facilities and remote teams in India and Singapore. The company, which has raised over $220 million since its 2018 founding, is attempting a sharp pivot away from manufacturing tractors after losing its contract manufacturer, Foxconn, and facing a lawsuit alleging its autonomous technology was defective. The new plan focuses on selling software services, but the transition has put the startup at severe financial risk.

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