Cruise, GM

Cruise Slashes Workforce by Almost 50% Amid Shift in GM's Autonomous Vehicle Strategy
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive technologies.
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of Cruise’s shares in 2016 close to $10 billion. In September, Elshenawy, president and chief technologist of Cruise, threw a huge party for Cruise staffers that some read to be a sign that the company was moving forward.
GM cuts nearly half of Cruise workforce, abandons robotaxi plans
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan to halt robotaxi service and absorb the operations into its broader business.
Cruise lays off half its staff after GM sunsets robotaxi program
Autonomous vehicle company Cruise is laying off around half of its workforce, according to reporting by TechCrunch. The cuts even extend to the CEO and other top executives. This is part of a major restructuring effort by parent company GM that will eventually see a total shutdown of operations.
General Motors lays off 50% of Cruise workforce, TechCrunch reports
General Motors (GM)’ autonomous vehicle company Cruise is laying off 50% of its workforce as it prepares to shut down operations, Rebecca
GM finalizes Cruise acquisition as layoffs loom for workers
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous vehicle development company. Here's the latest.
Cruise to cut half its workforce, shift under General Motors - TechCrunch
Autonomous vehicle firm Cruise is set to lay off 50% of its staff, including its CEO and several other executives, as it prepares to cease operations, TechCrunch reported, citing sources. The remaining portion of Cruise will be integrated into parent company General Motors (NYSE: NYSE:GM),
Cruise cuts 50% of staff after integration with GM
Cruise division is letting go of 50% of its staff, including the CEO and other top executives – as the robotaxi division is absorbed into the parent company, according to TechCrunch. At the end of last year,
General Motors takes full control of Cruise robotaxi venture
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
electrive2h
GM to cut half of Cruise staff
As announced, the US automotive group General Motors (GM) has acquired all outstanding shares of the robotaxi company Cruise ...
San Francisco Examiner5h
Cruise cuts more than 300 in SF after GM takes full control
All told, the General Motors-owned business let go about 50% of its workforce, Cruise spokeswoman Sara Autio said in an emailed statement. That figure includes employees based in ...
GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
GM Authority6h
GM’s Cruise Laying Off A Hefty Portion Of Its Workforce
“While not an easy decision, we are focused on combining efforts with General Motors to accelerate autonomy at scale on personal autonomous vehicles.” The remaining Cruise staff, which is ...
Ford's BlueCruise Is Outselling GM Super Cruise By A Huge Margin
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 ...
AutoGuide on MSN7h
GM Wants To Bring Super Cruise Self-Driving Technology To Urban Roads
General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
GM takes full control of Cruise in autonomous personal vehicle shift
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
GM Axes Half of Cruise as It Ditches Robotaxi Business
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...