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Cruise announces layoffs

The Verge · 14h

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 after General Motors said it would no longer fund Cruise, and would instead shift its spending toward advanced driver assist and personally owned autonomous vehicles.

heise online · 3h

Robotaxi company Cruise: half of the employees have to go

GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the employees.

Engadget on MSN · 16h

Cruise lays off half its staff after GM sunsets robotaxi program

Autonomous vehicle company Cruise is laying off around half of its workforce, according to reporting by TechCrunch. The cuts even extend to the CEO and other top executives. This is part of a major restructuring effort by parent company GM that will eventually see a total shutdown of operations.

Cruise, GM

TechCrunch · 12h

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.

NBC News on MSN · 16h

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.

electrive · 56m

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 from other shareholders. The goal

Hosted on MSN13h

Cruise Robotaxis Are Dead, But Their Tech Will Live On in GM Cars You Can Buy

GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...

16h

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 ...

9h

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 ...

10h

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 ...

19h

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 ...

6don MSN

GM expects to save up to $1 billion on Cruise costs

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...

9h

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 ...

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