In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...
Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
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 is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
Marc Whitten, a longtime tech executive with roots in the Seattle region, has joined Meta to lead a new team working on ...
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
The toaster-shaped vehicle made safe if conservative decisions and offered a relatively comfortable ride through Las Vegas.
General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
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 ...