GM to slash spending at Cruise by ‘hundreds of millions of dollars’

GM Chair and CEO Mary Barra reiterated Wednesday plans for Cruise to be more “deliberate” when operations eventually resume at the troubled self-driving vehicle subsidiary. For GM, that will include slashing spending at Cruise “by hundreds of millions of dollars” in 2024, an action that is expected to result in widespread layoffs at the San […]

© 2023 TechCrunch. All rights reserved. For personal use only.

autonomous vehicle barra ceo cruise driving eventually gm mary barra operations resume self-driving self-driving vehicle spending transportation wednesday will