About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
Tesla shares its earnings, revealing a 2.2% drop in deliveries. Find out what this means for revenues and future growth in ...
Tesla CEO Elon Musk announced that a fully autonomous taxi service will debut in Austin, Texas, this June, ensuring people ...
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...
Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top ...
Tesla, Inc. has multiple catalysts coming up that can drive the share price. Read more to see my recommendation for TSLA ...
Uber stock is off to a strong start in 2025 after a down year. The ride-hail firm reports Q4 results early Wednesday.
Cruise, the autonomous vehicle company owned by General Motors, will cut approximately 50% of its staff following its parent ...