cbtnews6d
GM cuts nearly half of Cruise workforce, abandons robotaxi plans
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
autoevolution7d
US Robotaxi Landscape Turns Into a Two-Horse Race After Cruise Throws In the Towel
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
The next big robotaxi push is almost here
Most Americans aren’t sold on driverless cars or robotaxis, but they’re coming anyways; Tesla (TSLA), Uber (UBER), and Lyft ...
TechCrunch8d
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
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.
The Verge7d
Cruise announces layoffs as GM acquires defunct robotaxi company
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 ...
Gizmodo8d
GM Axes Half of Cruise as It Ditches Robotaxi Business
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.
The Straits Times7d
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
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 ...
NBC News7d
GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after ...
GM takes full control of Cruise in autonomous personal vehicle shift
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
heise online7d
Robotaxi company Cruise: half of the employees have to go
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.
Yahoo Finance8d
Cruise to slash workforce by 50% after GM cuts funding to robotaxi operations
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.
Yahoo Finance8d
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
Autonomous vehicle company Cruise is laying off "nearly" 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of ...