GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
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 ...
The automaker consolidated its holding in the autonomous vehicle ride-service developer and will merge the business with its ...
DETROIT (Reuters) - General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis.
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