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GM, Cruise
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.
GM cuts 50% of Cruise staff after ending robotaxi business
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
Autonomous vehicle company Cruise is laying off “nearly” 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent company General Motors as the automaker directs its resources towards improving its hands-free driver assistance system Super Cruise — and eventually rolls out personal autonomous vehicles.
Cruise to cut half its workforce, shift under General Motors - TechCrunch
Autonomous vehicle firm Cruise is set to lay off 50% of its staff, including its CEO and several other executives, as it prepares to cease operations, TechCrunch reported, citing sources. The remaining portion of Cruise will be integrated into parent company General Motors (NYSE: NYSE:GM),
Cruise cuts 50% of staff after integration with GM
Cruise division is letting go of 50% of its staff, including the CEO and other top executives – as the robotaxi division is absorbed into the parent company, according to TechCrunch. At the end of last year,
3h
GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
Hosted on MSN
25m
Cruise Robotaxis Are Dead, But Their Tech Will Live On in GM Cars You Can Buy
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
51m
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 ...
6h
General Motors acquires full ownership of Cruise autonomous business
General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
Barchart on MSN
4h
Buy the Dip in General Motors (GM)? That’s Exactly What the Data Says.
A quick glance at the headlines doesn’t seem to offer much solace for investors of automotive giant General Motors (GM). The ...
12h
General Motors (NYSE:GM) sheds 13% this week, as yearly returns fall more in line with earnings growth
The General Motors Company ( NYSE:GM ) share price has had a bad week, falling 13%. But the silver lining is the ...
GM Authority
4h
GM Takes Full Ownership Of Cruise
General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.
cbtnews
4h
General Motors expands EV vision through GM Energy initiative
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.
1d
General Motors Cannot Pass All Tariffs Costs Onto Customers
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
American Banker
3h
General Motors' GM Financial resubmits ILC application
The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...
18h
on MSN
Is General Motors Company (GM) the Best EV Battery Stock to Buy in 2025?
We recently published a list of 12 Best EV Battery Stocks to Buy in 2025. In this article, we are going to take a look at ...
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