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GM’s Cruise to Cut 1,000 Jobs

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.

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.

Crain's Detroit · 16h

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 · 12h

General Motors takes full control of Cruise robotaxi venture

The auto giant plans to integrate Cruise's technology into its existing Super Cruise system, which enables hands-free driving across 750,000 miles of roads in North America. The S

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.

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 technologies.

Barchart 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 ...

9hon 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 ...

AutoGuide on MSN14h

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 ...

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 ...

GM Authority20h

GM Expects Return To Profitability In China In 2025

GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...

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 ...

9hon MSN

Trump's China tariff increase will affect Ford and GM vehicles, billions of dollars in auto parts

The move to put 10% additional tariffs on imports from China will affect a small number of U.S. vehicles, but increased costs ...

1d

General Motors lays off 50% of Cruise workforce, TechCrunch reports

General Motors (GM)’ autonomous vehicle company Cruise is laying off 50% of its workforce as it prepares to shut down operations, Rebecca ...

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