GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
As announced, the US automotive group General Motors (GM) has acquired all outstanding shares of the robotaxi company Cruise ...
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to developing autonomous technology for personal vehicles instead of ...