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GM Axes Half of Cruise
GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
GM Axes Half of Cruise as It Ditches Robotaxi Business
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models. GM’s shift to Super Cruise is two-fold: First and foremost,
GM gives up on loss-making Cruise robotaxi business
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said too much time and resources would be required to make Cruise a success.
Cruise lays off half its staff as GM absorbs failed robotaxi effort
General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a previously announced plan to buy out remaining investors and refocus on self-driving cars for individual owners.
Cruise announces layoffs as GM acquires defunct robotaxi company
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after General Motors said it would no longer fund Cruise, and would instead shift its spending toward advanced driver assist and personally owned autonomous vehicles.
GM Lays Off Half Of Cruise Robotaxi Employees
GM rolled up its Cruise robotaxi service, and today the automaker has announced it’s letting about half of Cruise employees go. While the decision is hardly surprising, it’s a sad one for all those workers and their families.
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Cash cow to money pit: Why GM decided to let Cruise go
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
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Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
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GM takes full control of Cruise in autonomous personal vehicle shift
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
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GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
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GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
cbtnews
3d
GM cuts nearly half of Cruise workforce, abandons robotaxi plans
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
10d
on MSN
GM expects to save up to $1 billion on Cruise costs
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
Hosted on MSN
4d
Cruise Robotaxis Are Dead, But Their Tech Will Live On in GM Cars You Can Buy
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
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