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it home reported on september 25 that according to reuters, automotive lidar sensor manufacturer luminar said on monday that as part of a restructuring plan, the company has laid off about 30% of its employees since the beginning of this year, compared with the previously announced 20% layoff rate.

luminar said in a filing that the new layoffs will result inapproximately us$4 million to us$6 million(it home note: currently approximately rmb 28.082 million to rmb 42.123 million) of additional cash expenditure will be mainly carried out in the third and fourth quarters of this year.

in may, luminar announced that it would reorganize its production department and planned to lay off 20% of its employees. after announcing the delivery of "next-generation lidar" to volvo, the company said it would transition to an "asset-light" business model and outsource product manufacturing to partners.

luminar has been ambitious in the field of lidar, and the company has successfully signed lidar procurement agreements with many companies. in addition to mercedes-benz, luminar has also reached cooperation with volvo, audi, toyota research institute, intel mobileye, airbus, and two chinese companies - saic group and autonomous driving operator pony.ai.