Cruise lays off nearly a quarter of the company after GM slashes driverless spending

Cruise, the self-driving unit of General Motors, will lay off nearly a quarter of its employees, or 900 workers, after the automaker said it was reining its spending on driverless operations.

The layoffs come two months after an incident in San Francisco in which a hit-and-run victim became pinned under a Cruise vehicle and then was dragged 20 feet to the side of the road. As a result, California Department of Motor Vehicles suspended Cruise’s …

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