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GM, Cruise
GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The 1,000 who remain at General Motors will be folded into the company's advanced driver assistance systems engineering, which includes the company’s SuperCruise technology.
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan to halt robotaxi service and absorb the operations into its broader business.
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.
Cruise lays off half its staff as GM absorbs failed robotaxi effort
General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a previously announced plan to buy out remaining investors and refocus on self-driving cars for individual owners.
Cruise announces layoffs as GM acquires defunct robotaxi company
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after General Motors said it would no longer fund Cruise, and would instead shift its spending toward advanced driver assist and personally owned autonomous vehicles.
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
Autonomous vehicle company Cruise is laying off “nearly” 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent company General Motors as the automaker directs its resources toward improving its hands-free driver assistance system Super Cruise — and eventually rolls out personal autonomous vehicles.
Robotaxi company Cruise to lay off half of staff as GM takes full ownership
Cruise, the San Francisco-based autonomous vehicle company that suspended operations in December, is laying off nearly half its staff after General Motors completed a full takeover of the company. GM,
5h
on MSN
Trump's China tariff increase will affect Ford and GM vehicles, billions of dollars in auto parts
The move to put 10% additional tariffs on imports from China will affect a small number of U.S. vehicles, but increased costs ...
1d
GM takes full control of Cruise in autonomous personal vehicle shift
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
GM Authority
4h
GM’s Cruise Laying Off A Hefty Portion Of Its Workforce
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while keeping many of the engineers.
autobodynews
1d
GM Lays Off Half of Remaining Cruise Workforce Amid Shift in Strategy
The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...
2d
GM dealer Rick Hendrick pays $3.7M to own Corvette ZR1, the fastest car in US
NASCAR legend and GM dealer Rick Hendrick bought the first ZR1. While it rounds out his massive Corvette collection, that's ...
2d
General Motors Cannot Pass All Tariffs Costs Onto Customers
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
GM Authority
15h
GM Expects Return To Profitability In China In 2025
GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...
cbtnews
1d
General Motors expands EV vision through GM Energy initiative
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.
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