JOB_STATE_FAILED for cifar10_tensorflow

I am unable to launch an example script. Following is the command and console output/Error.
I am running the command from PyCharm terminal. The job is launched but fails immediately with "JOB_STATE_FAILED" error.

% sudo xmanager launch ./examples/cifar10_tensorflow/launcher.py

**Console output + Error (a part of it):**
[+] Building 0.5s (16/16) FINISHED
=> [internal] load build definition from Dockerfile 0.0s
=> => transferring dockerfile: 694B 0.0s
=> [internal] load .dockerignore 0.0s
=> => transferring context: 2B 0.0s
=> [internal] load metadata for gcr.io/deeplearning-platform-release/tf2-gpu.2-6:latest 0.4s
=> [ 1/11] FROM gcr.io/deeplearning-platform-release/tf2-gpu.2-6@sha256:<"a bunch of HEX digits"> 0.0s
=> [internal] load build context 0.0s
=> => transferring context: 8.07kB 0.0s
=> CACHED [ 2/11] RUN if ! id 1000; then useradd -m -u 1000 clouduser; fi 0.0s
=> CACHED [ 3/11] RUN apt-get update && apt-get install -y git netcat 0.0s
=> CACHED [ 4/11] RUN python -m pip install --upgrade pip 0.0s
=> CACHED [ 5/11] COPY cifar10_tensorflow/requirements.txt /cifar10_tensorflow/requirements.txt 0.0s
=> CACHED [ 6/11] RUN python -m pip install -r cifar10_tensorflow/requirements.txt 0.0s
=> CACHED [ 7/11] COPY cifar10_tensorflow/ /cifar10_tensorflow 0.0s
=> CACHED [ 8/11] RUN chown -R 1000:root /cifar10_tensorflow && chmod -R 775 /cifar10_tensorflow 0.0s
=> CACHED [ 9/11] WORKDIR cifar10_tensorflow 0.0s
=> CACHED [10/11] COPY entrypoint.sh ./entrypoint.sh 0.0s
=> CACHED [11/11] RUN chown -R 1000:root ./entrypoint.sh && chmod -R 775 ./entrypoint.sh 0.0s
=> exporting to image 0.0s
=> => exporting layers
...
{"status":"Waiting","progressDetail":{},"id": ....
{"status":"Layer already exists","progressDetail":{},"id": ....
Your image URI is:
Job launched at: https://console.cloud.google.com/ai/platform/locations//training/
current state: JobState.JOB_STATE_QUEUED
current state: JobState.JOB_STATE_PENDING
current state: JobState.JOB_STATE_FAILED