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Robotaxi company Cruise to lay off half of staff
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.
Cruise lays off half its staff as GM absorbs failed robotaxi effort
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 self-driving cars for individual owners.
GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off roughly half its employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after spending more than $10 billion on the robotaxi unit since acquiring it in 2016.
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.
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.
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
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 Super Cruise system, which it has installed in many of its newer models. GM’s shift to Super Cruise is two-fold: First and foremost,
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on MSN
Pour one out for Cruise and why autonomous vehicle test miles dropped 50%
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
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GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
cbtnews
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GM cuts nearly half of Cruise workforce, abandons robotaxi plans
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
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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 ...
autoevolution
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US Robotaxi Landscape Turns Into a Two-Horse Race After Cruise Throws In the Towel
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
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