Motional Layoffs
November 2022
Motional announced a layoff affecting 0 employees in November 2022. The company operates in the Transportation sector.
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Nov 30, 2022
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In December 2022, the autonomous vehicle startup Motional, a joint venture between Aptiv and Hyundai, conducted a round of layoffs affecting dozens of employees across its global operations. The company, which employed over 1,500 people at the time, framed the cuts as part of a strategic reallocation of resources to ensure long-term commercial success. This move reflected broader challenges within the AV industry, where high development costs and a difficult funding environment were prompting companies to conserve cash. Motional provided severance and outplacement support to the affected workers while stating its intent to continue hiring for critical roles.
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