Layoffs at Cruise
Late last month, General Motors announced that it will cut expenses at its self-driving car unit, Cruise.
Yesterday, president and CTO of Cruise Mo Elshenawy sent a company-wide letter, informing employees about layoffs that will impact 24% (~900) of full-time Cruisers.
In October, Cruise paused operations to take time to examine its processes, systems and tools and improve how it operates.
“We are simplifying and focusing our efforts to return with an exceptional service in one city to start with and focusing on the Bolt platform for this first step before we scale,” ElShenawy shared. “As a result, we are reducing our employee counts in operations and other areas. These impacts are largely outside of engineering, although some Tech positions are impacted also.”