GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top ...
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
The latest layoffs at Cruise extended all the way to top leadership, as GM prioritizes engineering talent moving forward.
Yet Ford has quickly surpassed GM in terms of how many hands-free capable vehicles are on the roads. A lot of this comes down ...
General Motors’ Cruise division had been on the rocks after a tough couple of years. The Detroit automaker put the final nail ...