In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...
An internal document obtained by the Free Press reveals how much more GM will pay out in bonuses to its salaried workforce ...
GM rolled up its Cruise robotaxi service, and today the automaker has announced it’s letting about half of Cruise employees go. While the decision is hardly surprising, it’s a sad one for all those ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...