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 said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
That plant is a very important plant for GM’s EV models. Currently, it makes the Blazer EV, Equinox EV, the forthcoming ...
General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
We recently published a list of Jim Cramer Discusses These 10 Stocks & President Trump’s Tariffs. In this article, we are ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
Like with most GM products, you have to pay up for expensive trims, option packages or both to get Super Cruise. Ford, on the ...
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General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
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Why General Motors (GM) Shares Are Getting Obliterated TodayShares of automotive manufacturer General Motors (NYSE:GM) fell 11.1% in the afternoon session after the company reported ...
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...
The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...
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