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GM’s Cruise to Cut 1,000 Jobs

Detroit Free Press · 1d

GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The 1,000 who remain at General Motors will be folded into the company's advanced driver assistance systems engineering, which includes the company’s SuperCruise technology.

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.

Crain's Detroit · 12h

GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down

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

GM takes full control of Cruise

GlobalData on MSN · 8h

General Motors takes full control of Cruise robotaxi venture

General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to developing autonomous technology for personal vehicles instead of robotaxis.

USA Today · 1d

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 for personal vehicles.

Reuters on MSN · 1d

General Motors acquires full ownership of Cruise autonomous business

General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the technology for personal vehicles instead of on robotaxis, the company announced on Tuesday.

8hon MSN

Jim Cramer Calls General Motors (GM) the Cheapest Stock in the S&P

We recently published a list of Jim Cramer Discusses These 10 Stocks & President Trump’s Tariffs. In this article, we are ...

Cruise Slashes Workforce by Almost 50% Amid Shift in GM's Autonomous Vehicle Strategy

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

AutoGuide on MSN11h

GM Wants To Bring Super Cruise Self-Driving Technology To Urban Roads

General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...

Hosted on MSN1d

Buy the Dip in General Motors (GM)? That’s Exactly What the Data Says.

A quick glance at the headlines doesn’t seem to offer much solace for investors of automotive giant General Motors (GM). The ...

2d

General Motors Cannot Pass All Tariffs Costs Onto Customers

General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...

1d

General Motors (NYSE:GM) sheds 13% this week, as yearly returns fall more in line with earnings growth

The General Motors Company ( NYSE:GM ) share price has had a bad week, falling 13%. But the silver lining is the ...

General Motors expands EV vision through GM Energy initiative

GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.

14hon MSN

General Motors’ robotaxi unit lays off half of its staff, including CEO and CTO

General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...

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