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.
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GM’s full acquisition of the Cruise autonomy company was completed this week, and the acquisition comes with layoffs. Job cuts were predictable when GM announced it was winding down the Cruise ...
An email obtained by TechCrunch revealed that the largest automaker in the United States is cutting nearly half of the workforce currently at Cruise, the autonomous vehicle company that GM had ...
Industry analysts cite various factors for Cruise's failure, including a pedestrian accident, executive departures and regulatory scrutiny. GM's decision reflects a broader trend in the automotive ...
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 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 ...
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 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 ...
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 ...
GM to integrate Cruise tech into Super Cruise system Cruise staff reduced by 50% after acquisition Super Cruise projected to generate $2 billion annually in five years Focus shifts to autonomous ...