TuSimple Plans To Layoff Half Its Workforce Next Week - Report
Self driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week, WSJ reported.
The job cut would likely affect at least 700 employees, the report said citing people familiar with the matter.
TuSimple did not immediately respond to a Reuters request for comment.
The potential layoffs come after the self-driving truck startup removed its Chief Executive Officer Xiaodi Hou in October following an investigation by its board which revealed some employees spent paid hours last year working for Hydron Inc, a startup working on autonomous trucks mostly in China.
During November, TuSimple reinstated its former CEO Cheng Lu and removed four independent directors and appointed co-founder and major shareholder Mo Chen as executive chairman of the board.
Related News
Latest Cars
Upcoming Cars
Latest News
car&bike Team | Nov 11, 2026RTI vs Zero Depreciation: Which Car Insurance Cover Pays More?Return to Invoice (RTI) covers the gap between your car's current IDV (Insured Declared Value) and the original invoice value in case of theft or total loss. Zero Depreciation reduces deductions on replaced parts during accident repairs.1 min read
car&bike Team | Nov 11, 2026Engine Protection vs Zero Depreciation: What's The Difference?Zero Depreciation reduces your share of accident repair costs, while Engine Protection covers certain engine and gearbox damage caused by water ingress or oil leakage.1 min read
car&bike Team | Nov 11, 20262027 Hyundai Creta Interior Spied For The First TimeThe next-generation Creta's cabin gets a complete overhaul with a larger screen, a new steering wheel and more.2 mins read
Amaan Ahmed | Nov 11, 2026'Fun' In Focus: How Honda Is Building ADV 160, Rebel 300 At Its Oldest India PlantFrom rolling out the first Activa, Honda's Manesar facility -- which marked its 25th anniversary this year -- is now primed to build the company's most exciting new products in years.1 min read
car&bike Team | Nov 11, 2026Genesis GV90 SUV Design Patented In IndiaThe Genesis GV90's design has been patented in India just months after its global debut.1 min read
car&bike Team | Nov 10, 20263.3 kW Vs 7.2 kW Vs 11 kW EV Chargers: Which Do You Need?Choosing a home EV charger depends on your car, daily driving and home power supply. A 3.3 kW charger works for smaller EVs, while 7.2 kW suits most mid-size electric cars. An 11 kW charger is meant for larger EVs that support three-phase charging.1 min read