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GM's Cruise Cuts Quarter Of Workers.

Authors :
MICKLE, TRIPP
Source :
New York Times. 12/15/2023, Vol. 173 Issue 60003, pB1-B3. 2p.
Publication Year :
2023

Abstract

The article reports on the plan of Cruise, the self-driving subsidiary of automaker General Motors, to lay off about a quarter of its workforce as the company reduces costs after the California Department of Motor Vehicles shut down its robot taxi operations due to alleged misrepresentation of its technology. It traces the troubles of Cruise to a Cruise driverless taxi accident. It raises questions about the future of self-driving cars and the business model of the self-driving car industry.

Subjects

Subjects :
*LAYOFFS
*LABOR supply

Details

Language :
English
ISSN :
03624331
Volume :
173
Issue :
60003
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
174261720