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Cruise announces layoffs as GM acquires defunct robotaxi company


Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after General Motors said it would no longer fund Cruise, and would instead shift its spending toward advanced driver assist and personally owned autonomous vehicles.

Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A spokesperson for Cruise said 40 percent of the workforce will be laid off.

Cruise employees have spent the last month in limbo, as senior leadership…



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