General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.

In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...

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 ...

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months after it announced it was shutting the robotaxi arm of Cruise and absorbing ...

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

GM’s Cruise to Cut 1,000 Jobs as Robotaxi Service Shuts Down Cruise CEO Whitten to step down seven months after taking job GM has cited costs, competition for retreat from robotaxis ...

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...