General Motors' autonomous vehicle unit, Cruise, has laid off 900 employees, amounting to about 24% of its workforce, targeting non-engineering jobs. This move is part of a plan to cut costs and revamp the company. The layoffs come amid an ongoing safety investigation following an October incident involving one of its driverless cars in San Francisco. Additionally, nine key leaders at Cruise have been dismissed. The company is trying to recover from the accident that led to the halt of its operations.
🗞️ @TuSimpleAI, once a leading US self-driving truck developer, exits due to internal issues & the loss of a key partnership with @Navistar. Laying off 75% of its US workforce, the company shifts to the APAC region, reversing its strategy from a year ago. https://t.co/LBTWRSbcte https://t.co/39gSU2GYa8
Cruise lays off 24 percent of its workforce #Robotics #autonomous https://t.co/LW9HGKbN1w #RoboticsAINews https://t.co/NhPd7iiXbR
General Motors is laying off 1,300 workers as Chevy shutters Bolt production https://t.co/eBEEekZyf9 https://t.co/eBEEekZyf9
EXCLUSIVE: Scooter startup Superpedestrian is shutting down its US operations and exploring a sale of its European business. The startup had raised $125M just 18 months ago. Read more: https://t.co/QVDCHDdsbv https://t.co/69KmaLlo8b
Cruise faces layoffs, Grok faces plagiarism allegations, and Pope Francis' pitches an AI treaty https://t.co/QdgoQXGUxX
Cruise faces layoffs, Grok faces plagiarism allegations, and Pope Francis' pitches an AI treaty https://t.co/QEcPxV1yMl
General Motors’ robo-taxi unit Cruise is slashing its workforce. Almost a quarter of jobs will go as it tries to recover following an accident that forced it to halt operations. More here: https://t.co/h3rmZr9xKq https://t.co/EcqfMKoROo
General Motors’ robo-taxi unit Cruise is slashing its workforce. Almost a quarter of jobs will go as it tries to recover following an accident that forced it to halt operations https://t.co/pqqw6X7FJV https://t.co/l865uFJ1sf
Cruise fires 900 workers, while Waymo pulls out ahead https://t.co/fT7YEjUcbo
Ecommerce and fintech firm Bolt lays off 29% of staff The new round of layoffs, which occurred last week, follows a number of earlier layoffs announced by the company since 2022. https://t.co/DAcWcyNv2K
Cruise faces layoffs, Grok faces plagiarism allegations, and Pope Francis' pitches an AI treaty https://t.co/AjSTT5iBb9
General Motors plans to lay off more than 1,300 workers at two Michigan plants, the company revealed in state documents. https://t.co/BeLqrEO5BC
Cruise faces layoffs, Grok faces plagiarism allegations, and Pope Francis' pitches an AI treaty https://t.co/ppeVRVd5RH
Autonomous auto venture Cruise cuts 24% of staff https://t.co/l4tPT07JVn
General Motors is cutting more than 1,300 hourly jobs at a pair of plants in Michigan, less than a month after a new labor contract was ratified by its unionized workforce https://t.co/v16VsCDsGD
General Motors is cutting more than 1,300 hourly jobs at a pair of plants in Michigan, less than a month after a new labor contract was ratified by its unionized workforce https://t.co/c92WBs5uQS
General Motors is cutting more than 1,300 hourly jobs at a pair of plants in Michigan, less than a month after a new labor contract was ratified by its unionized workforce https://t.co/pZI6dl62eb
Nine executives leave after accident General Motors Cruise robotaxi investigation https://t.co/vzFUrhRXLi
One-click checkout company Bolt confirms another round of layoffs: https://t.co/Xt37PdjcHk by TechCrunch #infosec #cybersecurity #technology #news
One-click checkout company Bolt confirms another round of layoffs https://t.co/LKaVJJo8U5
Another round of end of year layoffs. Last week, Bolt's conducted its fourth staffing cut since 2022. https://t.co/gigN1qdoRj
SF Startup Once Valued at $11B Slashes 29% of Staff Once an industry darling that garnered positive press for its four-day workweek, payments company #Bolt is slashing 29% of its staff. https://t.co/OSTX6i0epU
Charles Schwab laying off over 150 of its San Francisco employees https://t.co/11WEkOaB0R
Charles Schwab provided details on how many workers in San Francisco will lose their jobs in a round of layoffs disclosed in early November https://t.co/cPcvYi4x9s
🔗 https://t.co/6ozUOWA4eL In the latest fallout from an October incident in which a Cruise robotaxi ran over and dragged a pedestrian in downtown San Francisco, the company has dismissed nine top executives and laid off a quarter of its workforce. https://t.co/jx3gaqNn7N
Cruise Lays Off 900, Dismisses 9 Top Executives in Continuing Shakeup https://t.co/k23LF21MMA
Roku, Bloom Energy, Niantic, Electronic Arts, Meta, Zoom, Ebay, Paypal, Alphabet, Salesforce, Stripe. Here's an overview of Bay Area tech companies that have recently executed a mass layoff. https://t.co/PeUlmrezsu https://t.co/PeUlmrezsu
San Francisco's embattled Cruise slashes staff by 24%, laying off hundreds https://t.co/LgbrZm7Sea
Massive Layoffs Hit Troubled Robotaxi Developer Cruise https://t.co/me1t6DdERF
Massive Layoffs Hit Troubled Robotaxi Developer Cruise https://t.co/j5ksyYKS2a
Driverless car firm Cruise to cut 900 jobs https://t.co/izlRpvDxi7
Several key leaders at General Motors' troubled autonomous vehicle unit are no longer with the company amid an ongoing investigation into an October incident involving one of its driverless cars. https://t.co/8QeqJPZ4vf
General Motors’ Cruise autonomous vehicle unit has dismissed nine “key leaders” amid ongoing safety investigations, according to an internal message obtained by @CNBC. https://t.co/yTbM6Di3YT
Email: Cruise lays off 900 employees, or about 24% of its workforce, targeting non-engineering jobs, as part of a plan to slash costs and revamp the company (@kirstenkorosec / TechCrunch) https://t.co/o2L6VJZ5Y8 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/1SdYxX1wSX