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 1,000 who remain at General Motors will be folded into the company's advanced driver assistance systems engineering, which includes the company’s SuperCruise technology.
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 ...
A quick glance at the headlines doesn’t seem to offer much solace for investors of automotive giant General Motors (GM). The ...
General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
The General Motors Company ( NYSE:GM ) share price has had a bad week, falling 13%. But the silver lining is the ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.
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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