Ford, VW-Backed Argo AI Startup Lays Off 150 Employees

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âš¡Ford, VW-Backed Argo AI Startup Lays Off 150 Employees

By IANS

Ford, VW-Backed Argo AI Startup Lays Off 150 Employees

As recession fears grow, the US-based autonomous vehicle technology startup Agro AI, backed by Ford and Volkswagen, has laid off about 150 people and slowed the pace of hiring, making it the latest tech company to reduce its workforce.