GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
As announced, the US automotive group General Motors (GM) has acquired all outstanding shares of the robotaxi company Cruise ...
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
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General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...