General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
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 is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
General Motors Co. (NYSE: GM) shares are trading higher Thursday on reports the company and Hyundai are forging an EV ...
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...
Presentation Operator Good morning and welcome to the General Motors Company 4th-Quarter and Calendar Year 2024 Earnings Conference Call. During the opening remarks, all participants will be in a ...
In an all-hands meeting on Monday, Cruise executives informed employees that GM had officially assumed full control of the ...
Aurora’s stock had a wild ride this month. CEO Chris Urmson thinks it’s on the cusp of commercializing driverless trucks but ...