Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after General Motors said it would no longer fund Cruise, and would instead shift its spending toward advanced driver assist and personally owned autonomous vehicles.

Cruise, the San Francisco-based autonomous vehicle company that suspended operations in December, is laying off nearly half its staff after General Motors completed a full takeover of the company. GM,

General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a previously announced plan to buy out remaining investors and refocus on self-driving cars for individual owners.

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology for personal vehicles.

General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to developing autonomous technology for personal vehicles instead of robotaxis.

General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the technology for personal vehicles instead of on robotaxis, the company announced on Tuesday.