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Job cuts as lidar firms look to reduce costs

Cost-cuts and job losses across the board at many lidar development firms including Luminar

Cost-cuts and job losses across the board at many lidar development firms including Luminar. Image: Luminar Technologies

With many lidar companies recently posting their latest round of quarterly financial results, cost-cutting emerges as a key target across the board, as focus shifts from R&D to production.

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