Memo: Cruise is laying off 50% of its staff, after GM cut funding to robotaxi operations and shifts its focus to tech like hands-free driver assistance (Rebecca Bellan/TechCrunch)

Rebecca Bellan / TechCrunch:
Memo: Cruise is laying off 50% of its staff, after GM cut funding to robotaxi operations and shifts its focus to tech like hands-free driver assistance  —  Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations.