The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
Autonomous robotaxi company cruise is laying off nearly half of its employees, according to reports. Cuts extend to the ...
We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...
Cruise, the San Francisco-based autonomous vehicle company that suspended operations in December, is laying off nearly half ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
General Motors is laying off roughly half of the employees who remain at its now-defunct Cruise robotaxi division, months ...
General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...