GM results and forecast top Wall Street targets thanks to gas-powered trucks and SUVs
The company expects losses will narrow with its battery-powered vehicles, a reorganization of the China business will lead to ...
GM cuts 50% of Cruise staff after ending robotaxi business
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
Robotaxi company Cruise: half of the employees have to go
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...
autoevolution4d
US Robotaxi Landscape Turns Into a Two-Horse Race After Cruise Throws In the Towel
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
GM Axes Half of Cruise as It Ditches Robotaxi Business
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
The Verge5d
Cruise announces layoffs as GM acquires defunct robotaxi company
His work has appeared in The New York Daily News and City & State. Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after ...
TechCrunch5d
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
The automaker expects to save up to $1 billion annually by ending its Cruise robotaxi development program, according to details shared during the company’s fourth-quarter earnings call.
GM Lays Off Half of Cruise Workforce After Pulling the Plug on Robotaxi
General Motors (GM) is laying off around half of the workforce from its discontinued Cruise robotaxi business, following its decision to shut ...