Self-Driving Car Company Cruise, Owned by General Motors, to Cut 900 Jobs Amid Safety Concerns.
Cruise, the autonomous vehicle company majority-owned by General Motors, is set to reduce its workforce by 24%, or 900 jobs, with a focus on commercial operations.
The move follows safety investigations and the suspension of testing in California after reported pedestrian injuries. Cruise CEO Kyle Vogt and co-founder Dan Kan have recently resigned.
The company emphasizes prioritizing safety in its restructuring and assures support for affected employees. General Motors, acknowledging Cruise’s challenges, expressed support for the job cuts.
The National Highway Traffic Safety Administration is investigating Cruise’s fleet after two accidents involving pedestrians, raising questions about the safety of autonomous vehicles. Last month, General Motors revealed Cruise’s losses exceeding $8 billion since 2016.
Tesla faces similar safety concerns, recalling over two million cars due to defects in its Autopilot system. As the autonomous vehicle industry grapples with safety issues, public trust remains a critical consideration.
[Credit: Source – BBC News]
https://www.bbc.com/news/business-67720949