> Before the layoffs, Cruise had 1,800 full-time employees. Their hiring rate has been remarkable. Less than 3 years ago (6/2017) they had 200 employees. Just over a year ago (3/2019), they had ~1000.
Wow that is ridiculous. There is absolutely no way to have those numbers without a major compromise in the quality of hires.
GM self-driving tech unit Cruise laying off about 8% of staff
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Re: GM self-driving tech unit Cruise laying off about 8% of staff
#52"doubling down on our engineering work and engineering talent,” Cruise spokesperson Milin Mehta told Reuters. Do these folks even try to hide their lies? Doubling down = 2x the engineering staff. This is as they lay off in their lidar team. Can companies be sued for these types of basically false claims or are we just stuck commenting on what lies they seem come up with. Can you imagine if your day to day life involv…
Re: GM self-driving tech unit Cruise laying off about 8% of staff
#53"doubling down on our engineering work and engineering talent,” Cruise spokesperson Milin Mehta told Reuters. Do these folks even try to hide their lies? Doubling down = 2x the engineering staff. This is as they lay off in their lidar team. Can companies be sued for these types of basically false claims or are we just stuck commenting on what lies they seem come up with. Can you imagine if your day to day life involv…
They obviously don't mean it literally in terms of headcount, but more likely in terms of focus and determination.
Re: GM self-driving tech unit Cruise laying off about 8% of staff
#54Just a note, but this is a perfect time for companies to lay off low performers without getting a lot of flak. This is usually the case when you see companies lay off people while continuing to hire as well.
Re: GM self-driving tech unit Cruise laying off about 8% of staff
#55Funny, as they were just a few weeks ago (even during the lockdown) certain recruiters were saying they were aggressively hiring -- and are still listed as hiring for example here: https://layoffs.fyi/tracker/ Seems like suddenly they got worried about how long they can maintain the burn rate. Doesn't help that driving and commuting fell off the map.
Full self-driving is a long way off, but GM can use Cruise to develop new active safety systems for their current cars. I don't think GM is doing as well there as Toyota or Honda, let alone Tesla.
Note GM has another product called SuperCruise which is a totally different thing.
Re: GM self-driving tech unit Cruise laying off about 8% of staff
#56> Before the layoffs, Cruise had 1,800 full-time employees. Their hiring rate has been remarkable. Less than 3 years ago (6/2017) they had 200 employees. Just over a year ago (3/2019), they had ~1000.
Wow that is ridiculous. There is absolutely no way to have those numbers without a major compromise in the quality of hires.
Re: GM self-driving tech unit Cruise laying off about 8% of staff
#57Earlier quoted context omitted.
>Doubling down = 2x the engineering staff. This is as they lay off in their lidar team. Self driving will be solved with computer vision. Lidar is an unnecessary technology even for full level 5 autonomy. Most self driving companies have come to this conclusion by now.
Any data to back this up besides Musk saying his approach's the best?
Re: GM self-driving tech unit Cruise laying off about 8% of staff
#58"doubling down on our engineering work and engineering talent,” Cruise spokesperson Milin Mehta told Reuters. Do these folks even try to hide their lies? Doubling down = 2x the engineering staff. This is as they lay off in their lidar team. Can companies be sued for these types of basically false claims or are we just stuck commenting on what lies they seem come up with. Can you imagine if your day to day life involv…
I never hear the phrase "doubling down" used to mean "doubling", except maybe in the original usage in gambling. But colloquially it just means "increasing focus on". In that use there is no inherent contradiction in downsizing + attempting to increasing focus. In fact that seems to be what almost all companies who downsize are attempting to do. Edit: In fact come to think of it, even in blackjack when you double dow…
And it's pretty rare (if ever) that someone says "I'm doubling down on X" and they mean to say "I'm going to double the size of my bet across all my activities." Pretty much the opposite.
Re: GM self-driving tech unit Cruise laying off about 8% of staff
#59Just a note, but this is a perfect time for companies to lay off low performers without getting a lot of flak. This is usually the case when you see companies lay off people while continuing to hire as well.
Comments like this show up on all stories about layoffs. I don’t really understand your point. There’s never any reason to have layoffs unless the company deems it a good financial decision, right? And surely all layoffs would hit the lowest performers (by the company’s estimation of performance, which obviously might be flawed), right? So what is the difference between “the company did layoffs of its lowest performe…
Re: GM self-driving tech unit Cruise laying off about 8% of staff
#60Earlier quoted context omitted.
Any data to back this up besides Musk saying his approach's the best?
https://cleantechnica.com/2019/05/07/elon-musk-calls-lidar-a... https://youtu.be/fNgEG5rCav4 > Anthony Levandowski, former Google/Waymo engineer, now backtracks on lidar and says, ”Elon is right.”