Cruise layoffs – California Globe

San Francisco Cruise Robotaxi Folds Following $10 Billion In Losses

December 11, 2024 2:45 amDecember 11, 2024 2:46 am

General Motors, the parent company of the San Francisco-based robotaxi firm Cruise, announced on Tuesday that Cruise would be folding following $10 billion in losses and a disastrous rollout attempt in San Francisco over the last few years. In 2022...

San Francisco Sued For $121 Million By GM Over Seven Years Of Back Taxes, Interest

December 28, 2023 1:15 pmDecember 28, 2023 1:15 pm

General Motors sued the City of San Francisco this week, looking to recover $108 million in back taxes accrued over the past seven years, as well as $13 million in penalties and interest charged against the company. Throughout 2023, GM...

Driverless Cruise Lays Off Over 900 Employees Following Months Of Turmoil, Incidents

December 15, 2023 2:30 amDecember 15, 2023 2:31 am

Cruise, the San Francisco-based driverless car and robotaxi subsidiary of General Motors, announced on Thursday that they would be laying off over 900 employees, due in large part to the company’s ongoing problems in California. In 2022 and most of...