Monarch Tractor lays off 10% in restructuring towards software and licensing AV tech ...Middle East

Monarch Tractor has laid off around 10% of its workforce as part of a restructuring that will see it prioritize non-agricultural customers, license its autonomous technology, and boost sales of its AI-powered farm management software, TechCrunch has learned. Around 35 employees were cut this week by the Livermore, California-based autonomous electric tractor startup that has […] © 2024 TechCrunch. All rights reserved. For personal use only.

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