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In leaked memo, Aurora CEO weighs spinouts, layoffs and acquisitions against sale to big tech

In leaked memo, Aurora CEO weighs spinouts, layoffs and acquisitions against sale to big tech

The chief executive of autonomous vehicle developer Aurora Innovation presented a swath of cost-cutting and cash-generating options to its board, ranging from a hiring freeze and spinning out assets to a small capital raise, going private and even selling itself to high-profile tech companies Apple and Microsoft.

https://techcrunch.com/2022/09/02/in-leaked-memo-aurora-ceo-weighs-spinouts-layoffs-and-acquisitions-against-sale-to-big-tech/

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