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 ...
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 ...
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 ...
USA Today10d
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 ... technologies into personal vehicles, rather than commercial. On Oct. 2, 2023, a Nissan Sentra hit ...
autobodynews9d
GM Lays Off Half of Remaining Cruise Workforce Amid Shift in Strategy
The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...
GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
Hoodline8d
Cruise Slashes Workforce by Almost 50% Amid Shift in GM's Autonomous Vehicle Strategy
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
Robotaxi company Cruise: half of the employees have to go
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...