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Hosted on MSNGM Thinks Super Cruise Subscriptions Could Yield $2 Billion In Annual Revenue By 2030General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...
General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology for personal vehicles.
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
The latest layoffs at Cruise extended all the way to top leadership, as GM prioritizes engineering talent moving forward.
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FOX 7 Austin on MSNCruise not relaunching robotaxi service following full GM acquisitionCruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
General Motors completed its acquisition of GM Cruise Holdings LLC; Cruise is now a wholly owned subsidiary of GM. The next ...
GM warned in December it expected to cut Cruise’s staff as part of a plan to take full control of the company. The automotive giant announced Tuesday it had completed that takeover. GM plans to ...
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