Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...

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

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 ...

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

Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.

GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.

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

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

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