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

Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...

About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.

General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...

General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...

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

GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.

Harlan Charles, the Corvette product marketing manager and employee for 37 years, lost his job, according to a Sunday social media post.

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

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

GM Financial withdrew its application in June after a 3½-year wait – perhaps in anticipation of eased regulation under a ...

The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...