Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2025-02-04 20:32:52| Engadget

Autonomous vehicle company Cruise is laying off around half of its workforce, according to reporting by TechCrunch. The cuts even extend to the CEO and other top executives. This is part of a major restructuring effort by parent company GM that will eventually see a total shutdown of operations. These layoffs are expected to impact well over 1,000 people and include CEO Marc Whitten, chief safety officer Steve Kenner and global head of public policy Rob Grant. Chief technologist Mo Elshenawy is also being laid off, but will stay on until the end of April to help with the transition. To that end, some of Cruises workforce and resources will carry on. They are being shuffled to the Super Cruise team, which is GMs driver assistance system. These layoffs dont come as too much of a surprise, given that GM already announced it was giving up on the development of robotaxis. The company, however, hasn't stopped chasing the dream of autonomous vehicles. GM is still planning on rolling out driverless cars for personal use at some point in the future. Cruise has had a rough last couple of years. The company faced scrutiny after one of its robotaxis struck a pedestrian and dragged them 20 feet. Prior to the crash, the companys algorithm was fairly notorious for being buggy, as it repeatedly failed to recognize children. The ensuing investigation forced Cruise to stop all operations for its manned robotaxi service. GM was fined $1.5 million for omitting key details about the aforementioned crash. There were also serious layoffs. In recent months, Cruise had resumed some limited activity, though only with human drivers.This article originally appeared on Engadget at https://www.engadget.com/transportation/cruise-lays-off-half-its-staff-after-gm-sunsets-robitaxi-program-191417313.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

02.02McDonalds wants its customers to know that bigmac is a terrible password
01.02Apex Legends won't be playable on Nintendo Switch after its next season
01.02Apple is already thinking about its second foldable iPhone, and it may be a clamshell
01.02Apple's online store now lets you build a new Mac exactly the way you want
01.02Indonesia is lifting its ban on Grok, but with some conditions
01.02How to replace your AirTag battery
31.01NVIDIA is still planning to make a 'huge' investment in OpenAI, CEO says
31.01Ayaneo's Pocket S Mini has the perfect aspect ratio for revisiting classic console games
Marketing and Advertising »

All news

02.02Monday Watch
02.02Gold and silver ETFs crash up to 20% as precious metals slump further. What should investors do now?
02.02Anant Raj, Netweb Tech, other data centre stocks surge up to 7%. Whats triggering the surge?
02.026 tech-infused items under $30 to keep you warm this winter
02.02ETMarkets Smart Talk | 1015% allocation to gold and silver is enough for portfolios: Sandeep Bagla
02.02Negative Breakout: These 13 stocks cross below their 200 DMAs
02.02Asian shares drop as gold plunge deepens, dollar gains
02.02Sharp hike in STT pulls Nifty and Sensex down by 2%; brokerages feel the heat
More »
Privacy policy . Copyright . Contact form .