Cruise to Layoff 24%

Cruise has announced a 24% workforce reduction in a bid to cut costs and restructure processes across the company due to changing market demands and multiple collision notices, as reported by Incognito Blog in November 2023. The job cuts will supposedly affect teammates in the non-engineering and commercial operations departments, which amounts to approximately 900 employees.

Source: CNN

Cruise LLC is a self-driving vehicle company that develops autonomous car technology. The company was founded in 2013, with its headquarters in California, USA. Cruise became a subsidiary of General Motors after an acquisition deal in March 2016.