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 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.
Reuters1d
General Motors Co
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. Donald Trump is ...
The Motley Fool3d
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.
The Robot Report9d
Cruise cuts nearly half of staff as GM focuses on consumer AVs
The latest layoffs at Cruise extended all the way to top leadership, as GM prioritizes engineering talent moving forward.
American Banker10d
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 ...
Hoodline9d
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 ...