The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...