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

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

Most Americans aren’t sold on driverless cars or robotaxis, but they’re coming anyways; Tesla (TSLA), Uber (UBER), and Lyft ...

About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.

The automaker expects to save up to $1 billion annually by ending its Cruise robotaxi development program, according to details shared during the company’s fourth-quarter earnings call.

His work has appeared in The New York Daily News and City & State. Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after ...

The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models.

With Cruise goes the company’s aspiration of using robotaxi fares to help double revenue by 2030. Instead, GM will focus its cash and resources on share buybacks and its electric vehicle ...

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

General Motors Co. is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan ...

By closing the Robotaxi subsidiary, GM aims to reduce its costs by one billion US dollars per year. GM has invested tens of billions in Cruise since 2016, with 1.7 billion US dollars in 2024 alone.

The automaker expects to save up to $1 billion annually by ending its Cruise robotaxi development program., according to details shared during the company's fourth-quarter earnings call.