Robotaxi company Cruise to lay off half of staff
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
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GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
The toaster-shaped vehicle made safe if conservative decisions and offered a relatively comfortable ride through Las Vegas.
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
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