General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
All told, the General Motors-owned business let go about 50% of its workforce, Cruise spokeswoman Sara Autio said in an emailed statement. That figure includes employees based in ...
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 ...