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 gives up on loss-making Cruise robotaxi business
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said too much time and resources would be required to make Cruise a success.
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
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General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
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