Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A ...

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 ...

In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...

The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...

General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...

General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.

General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...