Zonar Systems, a Seattle-based business that supplies digital fleet examination and radar for public and personal fleets, let go 57 placements today.
A Zonar rep validated the discharges to GeekWire.
Zonar uses greater than 300 individuals throughout The United States and Canada.
The business, established in 2001, supplies GPS and telematics software and hardware options for fleets throughout a selection of markets such as building and construction, transport and the energy market. The concept is to utilize software and hardware to assist fleet drivers conserve cash on gas, boost upkeep, and rise safety and security.
Continental acquired a majority stake in Zonar in 2016 The German empire introduced previously this month that it is considering spinning off its automotive business.
” As Zonar and its moms and dad department, Continental Automotive, adjust and reply to the vibrant demands of the worldwide vehicle market, all industries throughout the company are under testimonial,” Zonar Chief Executive Officer Michael Gould stated in a declaration to GeekWire. “Lately, Continental Automotive management introduced a restructuring initiative and as component of that, has actually altered its concentrate on a number of tasks Zonar sustains. Business and markets Zonar offers continue to be the same.”
Gould, a professional of Oracle and Hewlett-Packard, was called chief executive officer in 2015.
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