General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.

Industry analysts cite various factors for Cruise's failure, including a pedestrian accident, executive departures and regulatory scrutiny. GM's decision reflects a broader trend in the automotive ...

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

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

General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a previously announced plan to buy out remaining investors and refocus on ...

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...