GM to slash spending at Cruise by ‘hundreds of millions of dollars’ TechCrunch

GM Chair and CEO Mary Barra reiterated Wednesday plans for Cruise to be more “deliberate” when operations eventually resume at the troubled self-driving vehicle subsidiary. For GM, that will include slashing spending at Cruise “by hundreds of millions of dollars” in 2024, an action that is expected to result in widespread layoffs at the San […]

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 GM Chair and CEO Mary Barra reiterated Wednesday plans for Cruise to be more “deliberate” when operations eventually resume at the troubled self-driving vehicle subsidiary. For GM, that will include slashing spending at Cruise “by hundreds of millions of dollars” in 2024, an action that is expected to result in widespread layoffs at the San
© 2023 TechCrunch. All rights reserved. For personal use only.  Read More TechCrunch Transportation, Autonomous Vehicle, cruise, GM 

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