Patrick Morrisey, VP of corporate communications at GM, told TechCrunch that the reduction in spending is still in effect, despite today’s capital infusion.
In total, Cruise has already raised over $15 billion, per Crunchbase data.
In October, a Cruise robotaxi ran over and dragged a pedestrian 20 feet in San Francisco.
The pedestrian had initially been hit by a human-driven car and landed in the path of a Cruise robotaxi.
In other states where AV companies don’t need to acquire permits, Cruise is already making a comeback.
General Motors has resumed sales of the Chevrolet Blazer EV — and at a cheaper price — more than two months after the automaker pulled the vehicle over software problems.
The company temporarily halted sales of the Blazer EV in December after early customers reported problems with the SUV’s infotainment screen and charging at DC fast charging stations.
GM said in a statement that the company “made significant software updates that will improve features and functionality to deliver on the high expectations of our customers.
Existing Blazer EV owners will have to bring their car into a GM dealership for a software update to address any potential problems going forward.
The company says it has improved its quality testing and software processes to prevent similar problems in the future.
An email, penned by newly minted president and CTO Mo Elshenawy, was sent this morning to the entire 3,800-person workforce.
Cruise is targeting non-engineering jobs in the layoffs, particularly those people who worked in the field, commercial operations and corporate staffing, according to the email.
Engineering, a category that makes up the bulk of the Cruise workforce, is largely being preserved, according to the content of the email and discussions with internal sources.
The layoffs have been largely expected at Cruise for weeks now.
GM and the Cruise board have been scrambling ever since the October 2 incident put the company in the crosshairs of state, local and federal agencies.
