General Motors Withdraws from Robotaxi Market, Overhauls Cruise OperationsGM exits the robotaxi market, laying off half its workforce and signaling the end of its investment in Cruise amid rising competition.
AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with NvidiaAMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.
Stellantis Plans 1,100 Layoffs in Ohio, Cites Need to ‘Regain Competitiveness’Stellantis announces layoffs of 1,100 workers at its Toledo Jeep plant to improve efficiency amid declining North American sales
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