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

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

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

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

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

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

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 Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...

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.

A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as GM completed its consolidation of the former robotaxi business arm.

General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...