Self driving trucking organization TuSimple Holdings Inc strategies to probably minimize half of its workforce upcoming week, WSJ reported.
The work slash would possible impact at least 700 personnel, the report reported citing men and women familiar with the matter.
TuSimple did not quickly react to a Reuters ask for for comment.
The opportunity layoffs appear after the self-driving truck startup removed its Chief Executive Officer Xiaodi Hou in October following an investigation by its board which disclosed some personnel expended paid out hrs final year performing for Hydron Inc, a startup operating on autonomous vehicles mostly in China.
During November, TuSimple reinstated its former CEO Cheng Lu and removed 4 unbiased directors and appointed co-founder and important shareholder Mo Chen as government chairman of the board.