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 ...

In an all-hands meeting on Monday, Cruise executives informed employees that GM had officially assumed full control of the ...

General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...

The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...

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 ...

Autonomous robotaxi company cruise is laying off nearly half of its employees, according to reports. Cuts extend to the ...

We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...

General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...

Cruise, the San Francisco-based autonomous vehicle company that suspended operations in December, is laying off nearly half ...

Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...

General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...