Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Those laid off were based in California, Arizona and other locations. A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
that it has completed its acquisition of GM Cruise Holdings LLC following the approval of GM’s merger offer by the Cruise board of directors. Cruise is now a wholly-owned subsidiary of GM.
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
GM is taking full ownership of GM Cruise Holdings LLC now that the Cruise Board of Directors has approved GM’s merger offer. Previously, General Motors owned about 90 percent of Cruise ...
General Motors Co. is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan ...
A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as GM completed its consolidation of the former robotaxi business arm.