GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...

In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...

Credit: Jonathan Weiss/Shutterstock. General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to developing autonomous technology ...

Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...

The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...

General Motors has completed its previously announced acquisition of GM Cruise Holdings LLC, the automaker announced Tuesday.

General Motors (GM) announced that it has completed its previously announced acquisition of GM Cruise Holdingsfollowing the approval of GM’s ...

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit ... technologies into personal vehicles, rather than commercial. On Oct. 2, 2023, a Nissan Sentra hit ...