Will there be layoff in uberatg/lyft l5?

Pony.ai iNTY82
Sep 30 13 Comments

As the title says. Will the autonomous driving industry has huge layoffs in the near future?

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TOP 13 Comments
  • AT&T MsdR32
    I interviewed at level 5 and the people there are really bright. I don't know where they are going to keep getting the money though.

    They are expanding and want to have like 500 engineers (they pay , so maybe average like 300k TC), so that's 150 million per year in pay, and probably at least an extra 5 million for the building/vehicles, etc. Some of them are paid a lot more, so mabye 180 million per year.

    So, they think it will make it in 5-10 years, so maybe 1-2 billion total. Maybe possible for a 10 billion dollar company, but I don't know how plausible.
    Sep 30 3
    • LinkedIn zkmH23
      Check your math 300k * 500 is 150m not 15
      Sep 30
    • AT&T MsdR32
      Haha, that's what I get for doing it in my head while falling asleep. Corrected, thanks!
      Oct 1
    • Argo AI Arrrrgo
      It takes more than bright people to have a self driving system. You need cars, and to be deeply integrated into cars, not just strapped on top of them. L5 and Uber ATG will fail unless they get backing from major automotive players.
      Oct 5
  • Uber / Eng XHkl60
    Not likely in any of the eng positions at least at ATG. Hopefully they nix the entirety of the SCALE team. Literally the biggest waste of money at ATG.
    Oct 1 2
    • AT&T MsdR32
      What does the SCALE team do and why is it such a waste?
      Oct 2
    • Uber / Eng travis_k
      I’d love to know what they actually do. That’s why it’s a waste.
      Oct 2
  • New NgTu21
    Probably not for the near future as there is still a lot of capital flowing into all of these AV startups. Problem is, there hasn't been a major breakthrough in this space in years, and the current pace of incremental capability increase is far too slow given investor expectations. The edge/outlier cases have proven far more difficult to solve than anticipated. So without a major AV technology sea change event I think investors will eventually lose confidence/patience and you'll see a lot of the independent shops fold up. AV houses that are capitalized via the massive free cash flows of their parent company (e.g. Waymo) will probably be okay for a while.
    Sep 30 2
    • Pony.ai iNTY82
      OP
      But uber atg and lyft level 5 might be dead becasue uber and lyft are not doing so well.
      Sep 30
    • New NgTu21
      Neither will be dead in the near future though. Even at their current burn rates they have years of cash left. ATG also has its own independent capital channels (see post-IPO investments from Toyota, Denso, etc.)
      Sep 30
  • Cruise Automation nicolase
    🍌
    Sep 30 0
  • Facebook / Eng mturtle
    I mean, at this point, we could go either way.
    Sep 30 0
  • Lyft jrnshjf
    No one knows. Even if one is coming soon, you'll never know till it actually happens. Just like the recession.
    Sep 30 0

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