Wisense Layoffs
February 2024
Wisense announced a layoff affecting 0 employees (100% of its workforce) in February 2024. The company operates in the Transportation sector.
0
100%
Feb 13, 2024
Company Information
- Industry
- Transportation
- Country
- IL
- Region
- Tel Aviv, Non-U.S.
About
Autotech startup Wisense, a radar developer for the automotive industry, is shutting down after laying off nearly all its employees. The company, which had raised a total of $37 million from notable investors, once employed around 70 people. In November, it dismissed approximately 90% of its workforce, retaining only a small team to manage asset sales. Recently, those remaining staff were also notified of the company's complete closure, marking the end of its operations. The shutdown reflects broader challenges in the sector, with the company's website now inactive and no response to inquiries.
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support@layoffs.nlCompany Information
- Industry
- Transportation
- Country
- IL
- Region
- Tel Aviv, Non-U.S.