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GM’s full acquisition of the Cruise autonomy company was completed this week, and the acquisition comes with layoffs. Job cuts were predictable when GM announced it was winding down the Cruise ...
Those laid off were based in California, Arizona and other locations. A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as ...
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 is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...
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 ...
General Motors Co. is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan ...
GM to integrate Cruise tech into Super Cruise system Cruise staff reduced by 50% after acquisition Super Cruise projected to generate $2 billion annually in five years Focus shifts to autonomous ...
that it has completed its acquisition of GM Cruise Holdings LLC following the approval of GM’s merger offer by the Cruise board of directors. Cruise is now a wholly-owned subsidiary of GM.
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 ...
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.
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