Cruise Layoffs
May 2020
Cruise announced a layoff affecting 150 employees (8% of its workforce) in May 2020. The company operates in the Transportation sector.
150
8%
May 14, 2020
About
Cruise, the autonomous vehicle subsidiary of General Motors, laid off approximately 150 employees, representing about 8 percent of its workforce, in May 2020. The job cuts, which affected recruiting, product, design, and business strategy roles, were implemented to reduce costs during the COVID-19 pandemic. Despite having significant funding and a high valuation, the company chose to streamline operations and focus more intensively on its engineering efforts, reflecting broader challenges and workforce reductions within the self-driving car industry at the time.
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