A prominent driverless truck company will wind down U.S. operations and cut ties with most of their U.S. workers.
Self-driving truck tech company TuSimple will cut 75% of their U.S. workforce, according to filings with the U.S. Securities and Exchange Commission (SEC).
The layoffs will affect about 150 workers.
The remaining TuSimple staff of 50 U.S. workers will “will focus on winding down the Company’s U.S. operations, including through sales of U.S. assets, and assisting with the Company’s strategic shift to the Asia-Pacific region.”
These are not the only layoffs for TuSimple this year. The company cut 30% of their workforce in May. In December 2022, the company laid off around 350 workers.
Last year, the FBI, SEC, and Committee on Foreign Investment opened investigations into TuSimple over alleged ties to China-based startup Hydron Inc, Reuters reported.
The company was also investigated by the Federal Motor Carrier Safety Administration (FMCSA) following a crash on April 6, 2022, where a TuSimple truck made contact with a concrete median divider in Tucson, Arizona. That investigation was closed in March 2023 without any penalties for TuSimple.
San Diego, California-headquartered TuSimple was founded in 2015.