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Cruise To Slash Workforce By Nearly 50% After GM Cuts Funding To Robotaxi Operations (techcrunch.com) 20
Autonomous vehicle company Cruise will lay off about half of its 2,100 employees and remove several top executives, including CEO Marc Whitten, as parent company General Motors shifts away from robotaxi development to focus on personal autonomous vehicles.
The cuts come two months after GM said it would stop funding Cruise's robotaxi program to save $1 billion annually. Affected workers will receive severance packages including eight weeks of pay and benefits through April. The restructuring follows an October incident where a Cruise vehicle dragged a pedestrian, leading to the suspension of its permits.
The cuts come two months after GM said it would stop funding Cruise's robotaxi program to save $1 billion annually. Affected workers will receive severance packages including eight weeks of pay and benefits through April. The restructuring follows an October incident where a Cruise vehicle dragged a pedestrian, leading to the suspension of its permits.
Robotaxis = cart before horse (Score:1)
THEN make wholly-autonomous robotaxis using the knowledge gained.
Crazy Musk was right (again).
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We'll see about that. I don't think Tesla is on track to have functioning robotaxis anytime soon. Only waymo.
It's not clear that Tesla is even ready for Level 3, let alone Level 4/5. Tesla figured out the easy part of AVs many years ago, i.e., how to get the car to drive reasonably 99% of the time. The remaining 1% is the challenge. It's even a challenge for Waymo, but it's something that Tesla is nowhere near figuring out.
There are two parts to this 1% challenge. First, designing an AV that handles corner cases is very difficult. Second, validating the correctness of that design is even harder. The specific
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I'm sort of shocked that Tesla's stock has been so robust honestly.
It is true that they're one of the few (but ever increasing number of) companies making money selling EVs, but Musk has alienated much of his potential customers (with EV buyers leaning more "woke" than the average person in the US), and is facing real competition in Europe from the Chinese makers.
I still think dollar for product, especially with subsidies, the model y is one of the most compelling EVs, but I'm sure there are people that are
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Wrong. It is much better (and easier) to first make robot taxis driving on a hardware platform that is stable and known, featuring expensive gear that no single user will normally pay for themselves, driving in an area you are able to control and map, and do so with a limited number of potential members of the public being impacted.
Crazy Musk is not just as wrong as you are, his FSD is a joke, not even able to be certified for level 3 driving in countries where competitors have already achieved it to say no
It's like a yo-yo. (Score:2)
Start up self-driving robotaxi project. Something goes wrong. Shut it all down. Oh, no, we need this. Start it back up. It's too hard to replace the people we laid off before. Shut it down again.
This is not how you run a successful company. You're either in it for the long haul or it's just a hobby.
they need to have the fast shutdown in place to be (Score:2)
they need to have the fast shutdown in place to be to escape liability in case something really bad happens.
It's probably more about patents (Score:3)
CEO was let go (Score:2)
They must be serious if the CEO is let go. Luckily GM owns Cruise and will be there to hold their hand in the absence of their CEO. What could possibly go wrong?
GM: bankrupting itself, speedrun any% (Score:2)
At least we have Waymo in the US to compete with China. A monopoly isn't great, but at least it'll be a domestic company.
Slashdot not critical of top oligarch (Score:1, Offtopic)
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It would be pretty hard to find a tech angle. It's something which happened with tech, but that's it. If DOGE starts mandating changes in the IT infrastructure rather than a login account, it's a story.
Most Tesla and administration stories are negative, recently the disappearing dataset story for instance.
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Most recent story with Tesla in the title "Amazon, Tesla, Meta Considered Harmful To Democracy", more recent Hertz getting rid of EVs.
tech enough for Slashdot? (Score:1)
pie (Score:2)
Confucius say pie in the sky leads to egg on face.