Home / NewTech / The self-driving technology company GM Cruise sees layoffs, the report says

The self-driving technology company GM Cruise sees layoffs, the report says



It is not clear when cruise vehicles will pick up public passengers.

Cruise automation

General Motors is ambitious Cruise automation According to a Bloomberg report on Thursday, the division will fire 8% of its workforce.

The company that hired a large number of new employees In the past year, the layoffs will mainly focus on departments outside of engineering and development. Cruise did not immediately return Roadshow̵

7;s request for comment.

According to Bloomberg’s census, the company has 2,000 employees, which means that around 160 of them will be fired. Those affected will receive transition assistance and healthcare benefits for the rest of the year, according to an email memo Cruise CEO Dan Ammann cleverly.

“These changes are the right choice for the mission,” the memo says.

The self-driving technology business is valued at approximately $ 19 billion and was invested by companies like Honda and Japan’s SoftBank Vision Fund. The company showed its specially built hail vehicle, the origin, in January, has not yet used a self-driving hail service. The company had originally planned an appointment for 2019, but GM pushed back the plans and hasn’t set a new goal since.


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