GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
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 ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
General Motors' Cruise division cuts staff by 50% as it shifts focus from robotaxi to Super Cruise development.
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top ...
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the ...
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