Autos

Alphabet self-driving car company Waymo shutters Austin operations

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John Krafcik, CEO of Waymo speaks at a press conference at the 2017 North American International Auto Show in Detroit, Michigan, January 8, 2017.

Geoff Robins | AFP | Getty Images

Waymo, Alphabet‘s self-driving car project, is shuttering its operations in Austin, Texas.

The Alphabet subsidiary is removing employees at the facility and says it will offer them relocation to the company’s production center in Detroit, or to Phoenix, Arizona, where Waymo has a fleet of hundreds of self-driving cars. Those who do not wish to relocate will be offered a transition pay package. The move will affect fewer than 10 employees, but an undisclosed number of contractors also worked in the office. The…



Source cnbc.com

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