Autonomous vehicle unit cuts about a quarter of its workforce as it moves to reduce costs and remake itself after accident
General Motors’ troubled Cruise autonomous vehicle unit is cutting over 900 jobs, about a quarter of its workforce, as it moves to reduce costs and remake itself after grisly accident in San Francisco and subsequent regulatory scrutiny. Early last month, the company recalled all its robotaxis, which it had been testing on roads in California, and regulators accused Cruise of hiding the severity of the incident.
The subsidiary announced the cuts Thursday in a letter to Cruise’s 3,800 workers from its president and chief technical officer, Mo ElShenawy, who wrote that the layoffs are not the fault of the workers. The job cuts come a day after Cruise confirmed that nine key leaders are no longer with the company amid an ongoing investigation into an October crash involving one of its driverless robotaxis that forced it to suspend operations.
Continue reading...
Comments
Post a Comment