Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A spokesperson for Cruise said 50 percent of the workforce will be laid off. “We are ...
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
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 ...
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
Co is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and people ...
Marc Whitten, a longtime tech executive with roots in the Seattle region, has joined Meta to lead a new team working on ...
The latest layoffs at Cruise extended all the way to top leadership, as GM prioritizes engineering talent moving forward.
GM warned in December it expected to cut Cruise’s staff as part of a plan to take full control of the company. The automotive giant announced Tuesday it had completed that takeover. GM plans to ...
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