In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a previously announced plan to buy out remaining investors and refocus on ...
General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
His work has appeared in The New York Daily News and City & State. Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
Marc Whitten, a longtime tech executive with roots in the Seattle region, has joined Meta to lead a new team working on ...
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the employees.
The toaster-shaped vehicle made safe if conservative decisions and offered a relatively comfortable ride through Las Vegas.
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models.
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to ...
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