GM, Cruise

GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
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.
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of Cruise’s shares in 2016 close to $10 billion. In September, Elshenawy, president and chief technologist of Cruise, threw a huge party for Cruise staffers that some read to be a sign that the company was moving forward.
GM gives up on loss-making Cruise robotaxi business
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said too much time and resources would be required to make Cruise a success.
GM Lays Off Half of Cruise Workforce After Pulling the Plug on Robotaxi
General Motors (GM) is laying off around half of the workforce from its discontinued Cruise robotaxi business, following its decision to shut
Cruise not relaunching robotaxi service following full GM acquisition
Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced it had acquired full ownership of 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 ...
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General Motors takes full control of Cruise robotaxi venture
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
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 ...
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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 ...
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 ...
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GM Wants To Bring Super Cruise Self-Driving Technology To Urban Roads
General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
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GM to cut half of Cruise staff
As announced, the US automotive group General Motors (GM) has acquired all outstanding shares of the robotaxi company Cruise ...
Pour one out for Cruise and why autonomous vehicle test miles dropped 50%
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General Motors acquires full ownership of Cruise autonomous business
General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
GM finalizes Cruise acquisition as layoffs loom for workers
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...