Nuro Layoffs
May 2023
Nuro announced a layoff affecting 340 employees (30% of its workforce) in May 2023. The company operates in the Transportation sector.
340
30%
May 12, 2023
About
Autonomous delivery robot startup Nuro is laying off 30% of its workforce, approximately 340 employees, in May 2023 as part of a major restructuring to extend its capital runway. This marks the company's second significant round of layoffs in less than a year, following a 20% reduction in November. The move involves shifting resources away from commercial operations and toward research and development, including pausing plans to scale commercial activities and delaying volume production of its flagship Nuro bot. The restructuring is intended to provide the company with enough capital to operate for another three years without additional fundraising. Affected employees will receive severance packages and healthcare support.
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