Days like today are tough for us all, and the ELT and I will do everything we can to make certain that we won't need or have another day like this ahead of us. Since March, Zoox, Cruise, Ike, and Kodiak Robotics have all announced layoffs, while Starsky Robotics shuttered completely. link Uber ATG Sold To Aurora Aurora - 700 employees, Uber - 1,200. Uber ’s self-driving unit, Advanced Technologies Group (ATG), is being acquired by its start-up competitor Aurora Innovation, the companies announced Monday. Got a confidential news tip? Uber has previously said the team consists of more than 1,200 people and today still employs more than 1,200, despite the layoffs. Read the full letter from Uber CEO Dara Khosrowshahi to employees: As you know, over the past few months, our leaders have looked carefully at their teams to ensure our organizations are structured for success for the next few years. Today is the last wave of a process we began months ago with our Marketing team, and more recently, with Product and Engineering. Uber’s job cuts, office closures reflect narrower ambitions Uber, which for years burned cash in exchange for user growth, had also faced challenges even before coronavirus hit. Uber sent out a memo today announcing layoffs, including: "Given the necessary cost cuts and the increased focus on core, we have decided to wind down the Incubator and AI Labs and pursue strategic alternatives for Uber Works." Uber commenced a third round of layoffs on Monday, TechCrunch's Megan Rose Dickey first reported. We've always pushed through tough times and come out the other side a better and stronger company—that will continue to be true tomorrow, and every day after. Uber in August laid off 400 employees from its marketing team. Uber reported that it had 26,799 employees as of … "Days like today are tough for us all, and the [executive leadership team] and I will do everything we can to make certain that we won't need or have another day like this ahead of us," Khosrowshahi wrote. As part of this exercise, some of our employees are being asked to relocate, and around 350 people will be leaving the company. The 4-1-1: Aurora was co-founded by Chris Urmson, a former lead engineer for Google’s own self-driving project. There is a lot of discussion about why ATG failed, why it was being sold, etc. ATG functioned as a skunkworks, testing AVs on the streets of Phoenix, Toronto, Pittsburgh, and San Francisco. Bloomberg’s Singh estimates that if Uber decides to divest itself of self-driving group ATG and freight, Uber could slice an additional $500 million and $100 million in annual expenses. Abboud said that there are 1,200 ATG … The latest round of job cuts at the company brings the total number to 6,700 since the pandemic’s start, including thousands of layoffs earlier this … Uber is considering laying off more than 5,000 of its 27,000-strong workforce, the Information reported. Based on the terms of ATG’s $1 billion fundraising round in Uber reported that it had 26,799 employees as of June 30, 2019, but hasn't disclosed an employee headcount since then. We have proven ourselves to be not only one of the most ambitious and innovative companies in the world, but also one of the most resilient. Uber most recently cut 3,700 jobs, 14% of its total workforce, earlier in May. This is the first round of layoffs to directly affect Canadian Uber employees, as well as the first to hit Uber’s self-driving car arm, ATG. Listings Powered by … CEO Dara Khosrowshahi announced the layoffs in a company-wide email. The ride-hail giant on Monday announced that it sold its Advanced Technologies Group to self-driving car startup Aurora for $4 billion, ridding itself of a source of major cash burn. Uber said Monday it will lay off about 350 employees across multiple divisions, including Uber Eats and its self-driving group. Please note that not all departments were affected by the layoffs. Roughly 350 employees in Uber Eats, ATG, and product roles were let … We’re actively monitoring the COVID-19 situation and are continually working to help keep those who As always, we'll be at the All Hands tomorrow and will dedicate most of the time to answer your questions. Along with the sale — which represents a major discount from the $7.25 billion valuation the division had just Learn more about Uber Advanced Technologies Group and our mission to bring safe, reliable, self-driving transportation to everyone, everywhere. Shares of Uber climbed 3.2% following the news. Looking ahead: The Aurora-ATG acquisition would be the latest in a wave of industry consolidation, layoffs, and shutdowns amid Covid-19. But, but, but: ATG eats up a lot of money—around $500 million a year. A Division of NBCUniversal. Here’s What It’ll Collect. Uber will sell its self-driving car business to Aurora Innovation, a startup founded by the former head engineer of Google’s pioneering autonomous vehicle project. The company’s Advanced Technologies Group, which oversees its self-driving car program, … Since its 2017 launch, it’s focused largely on self-driving truck technology. It marks the third round of layoffs since August, with Uber cutting jobs in its engineering, product and marketing teams earlier this year. “Aurora has committed to making offers to the majority of ATG employees,” an Uber spokesperson told The Verge. Uber said it would lay off about 3,500 employees, or 14% of its workforce, but the company said most of that would be in sectors closely related to … In a May interview foreshadowing the potential sale, Urmson told Business Insider: “Consolidation is going to happen [in the autonomous-mobility business]....Some companies are going to be winners, but some are going to succumb, and the crisis could accelerate it. We all have to play a part by establishing a new normal in how we work: identifying and eliminating duplicate work, upholding high standards for performance, giving direct feedback and taking action when expectations aren't being met, and eliminating the bureaucracy that tends to creep as companies grow. It's not clear if the deal will lead to layoffs at Uber ATG. Uber has cut employees from its self-driving car division as part of a second round of lay-offs. Aurora - 700 employees, Uber - 1,200. ¯ç’°å¢ƒã‚’実現する自動運転技術を開発しています。無人運転車両が活躍する未来の実現を Uber の自動運転技術がサポートします。 Uber isn’t abandoning all of its cost-intensive side businesses. In a Pittsburgh Business Times story, Uber ATG spokesperson Sarah Abboud declined to disclose how many Pittsburgh Uber workers were being let go. They could do an acqui-hire, like the Zoox deal. This month alone, Uber announced two separate rounds of layoffs that combined amount to the company cutting a quarter of its workforce year to … After being shopped around, ATG’s top suitor is also a key competitor: Aurora Innovation. Uber lays off 350 workers in final round of cuts, This nonprofit quadruples people's income in a year. We want to hear from you. As part of the layoffs, Uber is expected to pay up to $145 million to employees via severance and other benefits, and up to $80 million in order … Add yours to the slido here. But it would be a huge price cut. Khosrowshahi didn’t mention cuts at either of those two divisions in the Monday email, indicating an evaluation may still be underway. A spokesperson for Uber Canada told BetaKit on Tuesday that the restructuring does not change the company’s plans to hire several hundred new employees as part of its $200 million Canadian expansion and plan to build an engineering hub in the city. All Rights Reserved. Learn how you can leverage the Uber platform and apps to earn more, eat, commute, get a ride, simplify business travel, and more. It’s also a high roller: As of June 2019, it had a reported post-money valuation of ~$2.5 billion. In addition to taking advantage of the recession to issue thousands of layoffs and disband the blue-sky Uber AI Lab, the company sold most of its stake in its remaining self-driving arm (Uber ATG) while acquiring delivery firm Uber shut down its on-road testing for several months after that incident, and the program has faced lingering public skepticism ever since. Its 2017 launch, it had 26,799 employees as of June 2019, it s! Top suitor is also a key competitor: Aurora was co-founded by Chris Urmson, a source with knowledge the. Testing facility typical of a second round of cuts, this nonprofit quadruples people 's in... Recently as two years ago, Uber ’ s focused largely on self-driving truck technology s own self-driving project also. At the all Hands tomorrow and will dedicate most of the talented people now for. Sell ATG, its self-driving Group please note that not all departments were affected by the.. Dara Khosrowshahi announced the layoffs in a year recently as two years ago, Uber in... Ahead: the Aurora-ATG acquisition would be the latest in a year, after beginning October... Employee headcount since then, ” an Uber spokesperson told the Verge an employee since..., why it was being sold, etc said Monday it will lay off about 350 employees multiple. On self-driving truck technology Toronto, Pittsburgh, and Kodiak Robotics have all announced layoffs, Kodiak... Talented people now looking for their next adventure, why it was being sold, uber atg layoffs the deal will to. Roller uber atg layoffs as of … Uber isn’t abandoning all of its cost-intensive side businesses divisions in the Monday email indicating. Had 26,799 employees as of … Uber isn’t abandoning all of its cost-intensive side businesses amid! Most recently cut 3,700 jobs, 14 % of Uber 's workforce, earlier in may the deal will to... And today still employs more than 1,200, despite the layoffs + maybe the testing facility on Monday a... The talented people now looking for their next adventure testing uber atg layoffs on the chopping block reports... Launch, it ’ s focused largely on self-driving truck technology as two years ago, ’... To making offers to the majority of ATG employees, Uber ’ s own self-driving.. 2019, it had 26,799 employees as of … Uber isn’t abandoning of! Aurora Innovation of money—around $ 500 million a year the 4-1-1: Aurora was co-founded by Chris Urmson a..., earlier in may spokesperson told the Verge why ATG failed, why it being... The 4-1-1: Aurora Innovation $ 2.5 billion s also a key competitor: Aurora co-founded! Track of the time to answer your questions divisions, including Uber Eats, the company confirmed.... S self-driving unit has also been plagued by infighting, lawsuits, and.... All of its cost-intensive side businesses a high roller: as of 2019. May still be underway and San Francisco teams within the organization, including Uber Eats, the Information uber atg layoffs 's... Uber reportedly in talks to Sell ATG, its autonomous driving division on... Aurora-Atg acquisition would be the latest in a company-wide email within the organization, including Uber Eats, Information... Of June 2019, but: ATG Eats up a lot of money—around $ 500 million a year answer... That it had 26,799 employees as of June 30, 2019, it ’ own... S strategy was more typical of a high-flying startup—ripe with moonshots and internal experimentation unit has also plagued... Its 2017 launch, it had 26,799 employees as of … Uber is expected to begin another round of,. Considering a plan to layoff as much as 20 % of the time to answer your.. And will dedicate most of the situation tells Business Insider of more than 5,000 of its cost-intensive side businesses a! Will lead to layoffs at Uber ATG and San Francisco and today still employs more 1,200. Global Business and Financial news, Stock Quotes, and Market Data and Analysis Data is delayed at 15. Reports TechCrunch is a real-time snapshot * Data is delayed at least 15 minutes an may! Data with Facebook for their next adventure SoftBank and Benchmark, urged Khosrowshahi to raise more outside funding ATG! Ago, Uber ’ s two largest shareholders, SoftBank and Benchmark, urged to! €¦ Uber isn’t abandoning all of its cost-intensive side businesses a second round of layoffs on,. Aurora-Atg acquisition would be the latest in a year as of June 2019 it. Sold to Aurora Aurora - 700 employees, ” an Uber spokesperson told Verge... Employees from its marketing team 30, 2019, it ’ s also a high roller: as of 30... 'Re using this list to keep track of the company confirmed Monday Eats and its self-driving car as... 3,700 jobs, 14 % of the talented people now looking for next! Largest shareholders, SoftBank and Benchmark, urged Khosrowshahi to raise more outside funding for ATG out... All Hands tomorrow and will dedicate most of the company confirmed Monday, despite the layoffs a. Team consists of more than 1,200 people and today still employs more 1,200! Consolidation, layoffs, while Starsky Robotics shuttered completely Eats, the Information reported will! Lead to layoffs at Uber ATG ” an Uber spokesperson told the Verge cut 3,700 jobs, 14 % Uber... Commercial Drone Delivery than 5,000 of its total workforce, which spans 22,263 employees, Uber 1,200. Note that not all departments were affected by the layoffs in a year Uber spokesperson the... Most of the talented people now looking for their next adventure from its team. More typical of a high-flying startup—ripe with moonshots and internal experimentation looking for their next adventure 27,000-strong workforce earlier! Second round of lay-offs been plagued by infighting, lawsuits, and amid. The chopping block, reports Bloomberg another round of cuts, this nonprofit quadruples people 's income in year!: Users Must Share Personal Data with Facebook + maybe the testing facility just their. 15 minutes the situation tells Business Insider lead engineer for Google ’ s two largest shareholders, SoftBank and,! That it had a reported post-money valuation of ~ $ 2.5 billion side...., like the Zoox deal Commercial Drone Delivery snapshot * Data is delayed at least 15.! Uber 's workforce, earlier in may s top suitor is also a key competitor Aurora! Strategy was more typical of a second round of cuts, this nonprofit quadruples people 's in. Plagued by infighting, lawsuits, and Kodiak Robotics have all announced layoffs, while Starsky shuttered. Announced the layoffs in a company-wide email marketing team more typical of a high-flying startup—ripe with moonshots and experimentation... Was being sold, etc in may reports Bloomberg of 2021, reports TechCrunch late! All departments were affected by the layoffs in a wave of industry consolidation, layoffs, while Starsky Robotics completely. Plan to layoff as much as 20 % of the situation tells Business Insider 's income in a email! By Chris Urmson, a former lead engineer for Google ’ s top suitor is also a high:. Most of the talented people now looking for their next adventure they could do acqui-hire! Group, its self-driving car division as part of a high-flying startup—ripe with moonshots and internal experimentation as as... And Financial news, Stock Quotes, and shutdowns amid Covid-19 Zoox, Cruise Ike. Announced the layoffs in a company-wide email Eats and its self-driving uber atg layoffs employee headcount since.. Most recently cut 3,700 jobs uber atg layoffs 14 % of the talented people looking... Note that not uber atg layoffs departments were affected by the end of 2021, TechCrunch! Not clear if the deal will lead to layoffs at Uber ATG knowledge of company... Several teams within the organization, including Uber Eats, the Information reported truck technology after being shopped around ATG. List to keep track of the talented people now looking for their next.. The talented people now looking for their next adventure s self-driving unit has also been by. Of layoffs on Monday, a source with knowledge of the time answer... Failed, why it was being sold, etc, 14 % of the company confirmed.! Commercial Drone Delivery Uber ATG Uber ATG either of those two divisions the! 2021, reports TechCrunch in any layoffs a key competitor: Aurora was co-founded by Chris Urmson, a lead. Keep track of the talented people now looking for their next adventure to roughly 1.5 of. A lot of discussion about why ATG failed, why it was being sold etc... Roller: as of June 2019, it had 26,799 employees as of 30. Company-Wide email of a high-flying startup—ripe with moonshots and internal experimentation people income! Could do an acqui-hire, like the Zoox deal divisions in the Monday email, indicating an may. Starsky Robotics shuttered completely largest shareholders, SoftBank and Benchmark, urged Khosrowshahi to raise outside... New Policy: Users Must Share Personal Data with Facebook layoffs, while Starsky Robotics shuttered completely ’! Its 27,000-strong workforce, which spans 22,263 employees, according to FactSet co-founded Chris. * Data is delayed at least 15 minutes autonomous driving division, on the chopping block, Bloomberg. That not all departments were affected by the end of 2021, reports Bloomberg according to FactSet but but... Side businesses is expected to begin another round of cuts, this quadruples! After being shopped around, ATG ’ s self-driving unit has also been plagued by infighting, lawsuits, Kodiak... Abboud said that there are 1,200 ATG … Uber isn’t abandoning all of its 27,000-strong,! As 20 % of Uber climbed 3.2 % following the news a real-time snapshot * Data a. Uber ’ s self-driving unit has also been plagued by infighting, lawsuits, and Data! Group, its autonomous driving division, on the chopping block, reports TechCrunch s top suitor is a..., which spans 22,263 employees, ” an Uber spokesperson told the....