The Luminar, the Company Company built by newly replaced CEO Austin Russell, passed through another structure, According to a recent regulatory file.
This new phase of the settlements, not given to the company, followed by many workers in 2024. Some of the laykoffs dropped in the first quarter of 2025. The total 212 employees were set.
In the latest regulatory filing, the company says it starts with additional disables of May 15. New plans are expected to spend $ 4 million in $ 5 million currencies. These costs are expected to have reached second and third quarters of this year.
Laykoffs are the most recent complications for the luminer. Last month, the company’s board replaces Russell as CEO and board chair. The board issued a news release INFLUENCE He resigns as a result of an essential question without providing additional information. The Board’s Board replaced Russell and appointed Paul Ricci on paper. Ricci is former chairman and CEO of fear.
One day after announcing Change of leadership, the board member Jun Hong Heng also resigned, According to a regulatory fileexpressing his decision is not due to any disagreement with the company in any matter relating to operations, company operations, policies, or company policies.
The company has not responded to requests for commentary.
Russell becomes a billionaire after his Lidar Stexpup luminates announced 2021 after the company has a special purpose of getting Mores Metropoulos Inc. The luminator raises $ 250 million before SPAC advertising.
