This is a news story, published by TechCrunch, that relates primarily to Praveen Penmesta news.
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Monarch workersTechCrunch
•77% Informative
Monarch Tractor has laid off around 10% of its workforce as part of a restructuring.
The autonomous electric tractor startup has raised a total of $220 million since it was founded in 2018 .
CEO Praveen Penmesta said the company decided to restructure after a slower-than-expected third quarter .
Monarch is expanding beyond agricultural customers to golf courses, solar farms, and even municipalities.
VR Score
77
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74
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English
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54
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short-lived
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1
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1
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