Michigan-based autonomous vehicle startup May Mobility has cut its workforce by approximately 13%, as confirmed by the company. This strategic move is seen as the firm’s attempt to increase its focus on top business priorities.
May Mobility has expressed gratitude to its axed employees for helping the firm become a leader in autonomous vehicle technology. In a bid to support those affected by the layoffs, the startup is providing compensation, health insurance, and tools to aid in their pursuit of new career opportunities.
The layoffs come on the heels of a closed $105 million Series D funding round in November, which brought May Mobility’s total funding to roughly $300 million. This funding was seen as supporting growth in the United States, Canada, and Japan, beyond its existing presence in 12 cities. The round was led by Japanese telecommunications company NTT Group.
However, the recent staff reductions at May Mobility occur amidst problems witnessed in other autonomous vehicle players. Notably, General Motors’ Cruise unit recently appointed Steve Kenner as the chief safety officer, as the company tries to restore public and government trust following a pedestrian crash in October that resulted in the suspension of Cruise services. This incident further instigated inquiries by the U.S. Justice Department and the Securities and Exchange Commission.
In related news, Waymo is encountering resistance in California to its proposal to extend its robotaxi service beyond San Francisco. Recently, a Waymo vehicle was involved in an incident where it hit a cyclist in San Francisco, causing minor injuries.
Source: Michigan-based AV startup May Mobility reduces workforce by 13% }}.