StartupsDec 10, 2023
NewiXmB26

Is Cruise laying everybody off?

Heard rumors of layoffs due to the old CEOs failures and GM investors getting antsy. Any cruise folks have info? Answer is confirmed yes: https://www.sfgate.com/tech/article/cruise-driverless-car-layoffs-morale-low-18537641.php

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242 Participants
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Google zOKe30 Dec 10, 2023

No one there really knows. Leadership said they’re going to cut costs massively, so that implies a lot of layoffs. The amount and distribution is totally unknown. But GM leadership is trash so expect them to do the stupidest possible thing here

TikTok Yzss45 Dec 10, 2023

I mean. They were the first to launch a consumer robotaxi. Good safety record. Now the CEO is gone. Anyone that could get a semi-decent offer at waymo, zoox, xpeng, Google, or heck even X will be gone soon....and unlike X you can't get by with a skeleton crew since they want to build something new. Cruise is dead. They might be able to sell it for a couple of billions at best. GM already did the stupidest thing.

NVIDIA jdhd8hdg Dec 10, 2023

Doubt Zoox will be much better in the long term.

Apple u8ndU3h Dec 10, 2023

Cruise effed up and hid video of its car dragging someone 20 feet underneath the vehicle from the CA DMV. Corrupt mother fuckers.

Enfabrica NrzT81 Dec 10, 2023

What's weird is that they didn't just pay off whoever is in charge of these licenses in CA, waited until the media shitstorm ended, and resumed business as usual. You'd expect an actually corrupt leader to do exactly that.

Lyft ghjiksk Dec 11, 2023

Not corrupt just incompetent

ex-Intuit urhyd12 Dec 10, 2023

Automated driving is doing poorly since the accidents. So shouldn't be surprised

Google aTbk84 Dec 11, 2023

Fully autonomous driving isn't going to happen at scale until multimodal reasoning capabilities of the most advanced LLMs today can be miniaturized to run on these cars. Otherwise it'll always be remotely assisted cars over unreliable networks.

Amazon theendswe Dec 12, 2023

And I am working on this, glad more people agree πŸ”₯πŸ”₯

Rivian RgKI42 Dec 12, 2023

All you need are transformers, snake oil, and crossed fingers

Wayfair mookieb50 Dec 11, 2023

No. If you listen to the earnings call, the "substantial" cost savings were described as a few hundred million. GM is likely smart enough to realize Cruise has great engineers, and has bad politics, and fire the appropriate people. We shall see.

TikTok Yzss45 Dec 11, 2023

.... LoL. After that rug pull do you think they'll be able to retain any great engineer?