Embark Trucks, the autonomous trucking company that went public in 2021 via a merger with a special purpose acquisition company, is cutting its workforce in an effort to reduce costs and preserve cash. And the pain may not be over. The company said in a regulatory filing that about 230 employees were laid off Friday. […]
Embark Trucks lays off workers, explores liquidation of self-driving truck assets by Kirsten Korosec originally published on TechCrunch...