GM cuts 50% of Cruise staff
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.
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
General Motors (GM)’ autonomous vehicle company Cruise is laying off 50% of its workforce as it prepares to shut down operations, Rebecca ...
General Motors has completed its previously announced acquisition of GM Cruise Holdings LLC, the automaker announced Tuesday.
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
General Motors (GM) announced that it has completed its previously announced acquisition of GM Cruise Holdingsfollowing the approval of GM’s ...
“A 20% take rate on Super Cruise is actually pretty good,” said Sam Abuelsamid, the vice president of market research at data ...
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to ...
Tesla FSD and General Motors Super Cruise can sometimes force drivers to take unnecessary risks and can drive away the ...
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