General Motors has revealed it will be ending the robotaxi business aspect of Cruise and will be laying off nearly half of ...
General Motors (GM) is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce as part of a broader plan to end its robotaxi operations and ...
After GM increased its Cruise stake from 90 to 100 per cent, the company only wants to take on around half of Cruise’s 2,300 employees. The other half must leave the company within 60 days. Among the ...
GM also issued a press release highlighting the final step in making Cruise a wholly owned subsidiary. The automaker has shifted resources toward personal autonomous vehicles and is terminating the ...
Industry analysts cite various factors for Cruise's failure, including a pedestrian accident, executive departures and regulatory scrutiny. GM's decision reflects a broader trend in the automotive ...
GM said in a statement that the decision to lay off half of the Cruise workforce was a “difficult decision.” Cruise is believed to have had about 2,300 employees as of the end of 2024.
The automaker consolidated its holding in the autonomous vehicle ride-service developer and will merge the business with its own self-driving and driver assistance platform. General Motors completed ...
General Motors is laying off roughly half its employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after ...
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after ...
A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as GM completed its consolidation of the former robotaxi business arm.
GM’s Cruise to Cut 1,000 Jobs as Robotaxi Service Shuts Down Cruise CEO Whitten to step down seven months after taking job GM has cited costs, competition for retreat from robotaxis ...
GM's Cruise unit drops out of robotaxi race May Mobility slashes growth plans in Ann Arbor GM’s Cruise owns up to robotaxi mess in hopes of getting cars back on the road The move to gut the ...
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