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 ...
GM Authority6d
GM Takes Full Ownership Of Cruise
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 ...
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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 ...
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 ...
Cash cow to money pit: Why GM decided to let Cruise go
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
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GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after ...
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Cruise Slashes Workforce by Almost 50% Amid Shift in GM's Autonomous Vehicle Strategy
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...