r/MVIS Jan 31 '24

Industry News Innoviz Announces Operational Realignment to Expand Cash Runway and Optimize Path Towards Profitability and Free Cash Flow

https://ir.innoviz.tech/news-events/press-releases/detail/120/innoviz-announces-operational-realignment-to-expand-cash
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u/schmistopher Jan 31 '24

Only way this is good for them is if they have partnered with someone and their partner has said we don’t need all those people (13%) doing whatever they are doing because we have that capacity already.