:Alphabet Inc's self-driving technology unit, Waymo, laid off 137 employees, in its second round of job cuts this year, the firm told Reuters on Wednesday, bringing total cuts for the year to 8 per cent of its workforce.Waymo has eliminated some engineering roles as part of the cuts to 'focus on commercial su
:Alphabet Inc's self-driving technology unit, Waymo, laid off 137 employees, in its second round of job cuts this year, the firm told Reuters on Wednesday, bringing total cuts for the year to 8 per cent of its workforce.
The job cuts at Waymo are part of wider layoffs across the auto and tech industry, including at Rivian Automotive Inc, General Motors Co and Meta Platforms Inc. Investors and industry watchers have been concerned about billions of dollars that have been poured into the self-driving technology sector in a short span of time to commercialize it.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alphabet's Waymo cuts 137 jobs in second round of layoffs this yearAlphabet Inc's self-driving technology unit, Waymo, laid off 137 employees in its second round of layoffs in 2023, the firm told Reuters on Wednesday.Including the latest job cuts, the division has let go of 8 per cent of its workforce, or 209 employees, this year.Investors and industry watchers ha
Read more »
Alphabet's Waymo cuts 8% of staff after second round of layoffs this year:Alphabet Inc's self-driving technology unit, Waymo, laid off more employees in its second round of job cuts this year, totaling 8 per cent or 209 of its workforce, the firm told Reuters on Wednesday.Investors and industry watchers have been concerned about billions of dollars that have been poured into the s
Read more »
How 'wholesome' Physical: 100 became a global hitSEOUL - The challenge is straight from Greek mythology: hold a boulder aloft as long as possible. Korean car dealer Jo Jin-hyeong lasted over two hours, captivating global audiences in a reality show that could signal a new K-culture export success. After films such as...
Read more »
China's CNOOC discovers new 100 million tonnes oilfield in Bohai SeaBEIJING : China's CNOOC Ltd has discovered a new oilfield with light crude reserves of 100 million tonnes in the Bohai Sea, which stretches along China's northern coastline, the company said on Wednesday.It was not immediately clear whether the volume referred to oil in place, or proven reserves at explor
Read more »
Physical: 100’s finalist Jung Hae-min speaks out amid allegations of a rigged finaleSEOUL – Extreme survival show Physical: 100, which crowned CrossFit athlete Woo Jin-yong its...
Read more »
'I felt the pressure to do a rematch': Runner-up Jung Hae-min breaks silence on whether Physical: 100 finale was manipulatedWhile watching reality shows, sometimes we get so immersed that we forget that it's not all 'real'. Today (Feb 28), Physical: 100 runner-up Jung Hae-min lifted the veil on what went on behind the scenes in the finale challenge in Netflix's popular game show. This came after allegations that the finale between the cyclist and winner Woo Jin-yong had to...
Read more »