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 ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
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The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
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 ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...
General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
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