https://techcrunch.com/2020/05/14/cruise-lays-off-8-of-workforce-to-cut-costs-and-put-resources-towards-engineering/

Cruise, the self-driving car subsidiary of GM that also has backing from SoftBank Vision Fund, automaker Honda and T. Rowe Price & Associates, is laying off nearly 8% of its more than 1,800-member workforce today as it tries to reduce costs during the COVID-19 pandemic.

The layoffs will affect employees in Cruise’s product, marketing and rideshare business units, according to a memo sent by Cruise CEO Dan Ammann and viewed by TechCrunch. Bloomberg was the first to report the cuts.