Luminar is cutting jobs, losing its CFO, and warning of a cash shortage

TechCrunchFriday, October 31, 2025 at 3:00:49 PM
Luminar is facing significant challenges as it announces job cuts and the departure of its CFO, alongside warnings of a cash shortage. This turmoil is particularly notable as founder Austin Russell attempts to buy the company just months after being replaced as CEO. These developments raise concerns about the company's stability and future prospects, highlighting the difficulties it faces in a competitive market.
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