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Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations | TechCrunch

Autonomous vehicle company Cruise is laying off “nearly” 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent company General Motors as the automaker directs its resources towards improving its hands-free driver assistance system Super Cruise — and eventually rolls out personal autonomous vehicles. The layoffs were announced by Craig Glidden, Cruise’s president and chief admini...

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