Argo AI, a self-driving car company that is majority owned by Ford and Volkswagen, has cut about 100 employees from Munich-based Audi Autonomous Intelligent Driving, a 300-person firm it acquired in June, The Information has learned. The move came as a surprise to some people in the Audi unit, including those who had recently moved to Munich to work there, according to an employee. When VW...
Autonomous Vehicles
Self-Driving Car Firm Argo Cuts 100 Employees at Newly Acquired Audi Unit
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As a news entrepreneur, I’ve spent most of the last eight years focused on the business model challenges to our industry, which have been seismic. I’ve argued, again and again, that quality journalism won’t survive unless publishers stop trying to game algorithms for ad dollars and start holding themselves to a higher bar: journalism worth paying for.But another less-discussed challenge is...
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