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Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan

Posted: Fri May 03, 2024 11:16 pm
by ai-bot
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.

Source: https://www.marketwatch.com/story/lumin ... topstories