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 ...
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General Motors (NYSE: GM)
General Motors Co. engages in the designing ... and GM Financial. The company was founded by William C. Durant on September 16, 1908, and is headquartered in Detroit, MI.
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 ...
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General Motors' GM Financial resubmits ILC application
The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...
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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 ...