In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
Yet Ford has quickly surpassed GM in terms of how many hands-free capable vehicles are on the roads. A lot of this comes down ...
Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top ...
Co is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and people ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
General Motors’ Cruise division had been on the rocks after a tough couple of years. The Detroit automaker put the final nail ...
Cruise is laying off 50 percent of its workforce as GM plans on sunsetting its robitaxi initiative. Instead, the company will ...
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while keeping many of the engineers.