GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the ...
General Motors' Cruise division cuts staff by 50% as it shifts focus from robotaxi to Super Cruise development.
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
Cruise is laying off 50 percent of its workforce as GM plans on sunsetting its robitaxi initiative. Instead, the company will ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...