July 19, 2024

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Cruise Layoffs: General Motors Subsidiary Laying Off 900 Employees Day After Firing Nine Key Leaders

1 min read

Cruise, the subsidiary of GM that focuses on self-driving cars, is letting go of 900 employees, which constitutes approximately 24% of its total workforce. This decision is a strategic move to cut expenses and overhaul the company in the aftermath of an incident on October 2, where a pedestrian was trapped and subsequently dragged by one of its autonomous taxis. The Cruise layoffs come a day after the firm fired nine key members amid the ongoing investigation. Tech Layoffs 2023: Tech Industry Sees Spike in Layoffs in December With Etsy, Zulily, Spotify and Simplylearn Cutting Job Cuts.

Cruise Layoffs

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