General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology for personal vehicles.
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive technologies.
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months after it announced it was shutting the robotaxi arm of Cruise and absorbing ...
GM is taking full ownership of GM Cruise Holdings LLC now that the Cruise Board of Directors has approved GM’s merger offer. Previously, General Motors owned about 90 percent of Cruise ...
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan to ...