Cruise automaker, owned by General Motors, announced it will cut 900 jobs after its robot taxi operations were shut down by California regulators. Most of the job cuts are in corporate and commercial roles following the suspension of driverless operations nationwide. This move comes after authorities accused Cruise of “misrepresenting” its technology and orders to stop operating in California. The layoffs are the result of a decline in sales due to the shutdown. The dismissed employees will continue to receive pay, healthcare, and bonuses. G.M. has appointed two executives to lead Cruise after several senior executives resigned. The layoffs are part of a trend of job cuts in the tech industry this year.
