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

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

Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A ...

The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

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 ...

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

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

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...

General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the ...

General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.