Hyundai's Supernal Lays Off 80% of Employees Amid Restructuring
Supernal, a flying electric vehicle startup owned by Hyundai Motor Group, has laid off 80% of its workforce, amounting to 296 jobs, as part of a restructuring effort. The layoffs affect operations in Orange County, Fremont, and Mojave, with plans to consolidate into the Irvine headquarters.
The startup, valued at approximately Rp28.7 trillion, now has fewer than 80 employees. A company spokesperson stated that the layoffs are a strategic decision to optimize staffing for long-term delivery of aircraft designs.
Despite these changes, Supernal remains committed to its Advanced Air Mobility initiatives. However, it has encountered difficulties in testing its S-A2 eVTOL, leading to a halt in development by September 2025. The automotive sector is facing a downturn in electric vehicle sales, prompting job cuts across the industry, including recent layoffs at Lucid Motors and General Motors.
