Posted on 12/15/2023 6:19:49 AM PST by george76
The layoffs, which mostly hit commercial operations and related corporate functions, comes one day after the robotaxi subsidiary dismissed nine “key leaders.”
The moves are fallout from the company’s response to the Oct. 2 incident in which a pedestrian was dragged 20 feet by a Cruise self-driving car after being hit by another vehicle.
Since the incident, the company has suspended all trips on public roads and halted production of a new robotaxi, among other moves.
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General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce
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The layoffs, which primarily affected commercial operations and related corporate functions, are the latest turmoil for the robotaxi startup and come one day after Cruise dismissed nine “key leaders” for the company’s response to an Oct. 2 accident in which a pedestrian was dragged 20 feet by a Cruise self-driving car after being struck by another vehicle.
The company had 3,800 employees before Thursday’s cuts, which also follow a round of contractor layoffs at Cruise last month. Affected employees will receive paychecks until Feb. 12 and at least an additional eight weeks of pay, plus severance based on tenure.
In a statement, a Cruise spokesperson said, “We shared the difficult news that we are reducing our workforce, primarily in commercial operations and related corporate functions.
(Excerpt) Read more at cnbc.com ...
Cutting any jobs in their Mexico operations?
“Welcome aboard the Cruise fully-automated, self-driving vehicle. We put the ‘auto’ in automobile. You will travel in comfort, and safety, so sit back, relax, and enjoy the drive. Nothing can go wrong...go wrong...go wrong...go wrong...”
Wait until the cars’ computers find out they are going to be shut off....
New car sales are down. No sense in making more cars if the ones that already exist are not selling. Layoffs are just the first step. Chapter 11 then bankruptcy may be in their future.
What happens with all those big fat pensions when the manufacturer goes out of business?
Why does anyone need new cars? My old 1997 Dodge truck still runs fine! Even the AC works! Only problem is the plastic dash board and plastic glove box has shattered into about 50 pieces and is held together with epoxy glue. Still runs and drives great!
***New car sales are down.***
I a reminded of the 1970s and early 1980s when the fear of buying a new car was “Will there be gasoline in a few years?”
One co-worker modified his truck with a Diesel tractor engine. He got GREAT MILEAGE but could not go over 25 miles an hour.
You win the thread!
LOL
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