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

8 November 2024 at 21:39

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 [โ€ฆ]

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