The state takes a hands-off regulatory approach that aligns with Musk’s increasingly anti-government political stances as an ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
GM warned in December it expected to cut Cruise’s staff as part of a plan to take full control of the company. The automotive giant announced Tuesday it had completed that takeover. GM plans to ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
Autonomous robotaxi company cruise is laying off nearly half of its employees, according to reports. Cuts extend to the ...
Cruise is laying off 50 percent of its workforce as GM plans on sunsetting its robitaxi initiative. Instead, the company will focus on its Super Cruise system.
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...