GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
The Cruise team will be folded into GM's core business and work on developing autonomous driving systems for GM vehicles. Not ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
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About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.