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 ...

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

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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 ...

Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.

Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...

The remaining Arizona workers employed by Cruise, the troubled autonomous vehicle unit operated by General Motors, have been told they will soon be out of a job.

The latest layoffs at Cruise extended all the way to top leadership, as GM prioritizes engineering talent moving forward.

General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis. The Detroit ...