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Briefing
Autonomous Vehicles

Self-Driving Truck Developer Kodiak Lays Off About 20% of Employees

By Amir Efrati and Cory Weinberg
· · Source: The Information

Kodiak Robotics, one of several prominent commercial efforts to fully automate semi-trailer truck driving, laid off about 20% of its employees Wednesday, or about 15, including some engineers. It’s the second case of layoffs for a major autonomous vehicle program amid the Covid-19 quarantines in the U.S., but it speaks to a broader shakeout in the field as the path to developing reliable and...

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Viral Patel, global head of technology investing for Blackstone Credit. Art by Clark Miller.
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