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GM cuts 50% of Cruise staff
GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
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 Super Cruise system, which it has installed in many of its newer models. GM’s shift to Super Cruise is two-fold: First and foremost,
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
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.
Cruise cuts 50% of staff after integration with GM
General Motors' Cruise division cuts staff by 50% as it shifts focus from robotaxi to Super Cruise development.
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.
Cruise lays off half its staff as GM absorbs failed robotaxi effort
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.
Robotaxi company Cruise to lay off half of staff as GM takes full ownership
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,
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19m
Cruise Robotaxis Are Dead, But Their Tech Will Live On in GM Cars You Can Buy
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
3h
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 ...
1h
on MSN
Cruise announces layoffs as GM acquires defunct robotaxi company
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
6h
General Motors acquires full ownership of Cruise autonomous business
General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
5h
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 ...
Business Journal Daily
5h
General Motors Acquires Full Ownership of Cruise
General Motors has completed its previously announced acquisition of GM Cruise Holdings LLC, the automaker announced Tuesday.
4h
on MSN
GM takes full control of Cruise in autonomous personal vehicle shift
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
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