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Hosted on MSNGM Thinks Super Cruise Subscriptions Could Yield $2 Billion In Annual Revenue By 2030General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology for personal vehicles.
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months after it announced it was shutting the robotaxi arm of Cruise and absorbing ...
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
The latest layoffs at Cruise extended all the way to top leadership, as GM prioritizes engineering talent moving forward.
General Motors completed its acquisition of GM Cruise Holdings LLC; Cruise is now a wholly owned subsidiary of GM. The next ...
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