Well, can someone explain how does a company with no product and no market get a... | Hacker News

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		jiofih on May 14, 2020 \| parent \| context \| favorite \| on: GM self-driving tech unit Cruise laying off about ... Well, can someone explain how does a company with no product and no market get affected by the pandemic? Seems like a cop out yet again.

paxys on May 14, 2020 | [–]

Generally the investors tighten their wallets and start demanding results.

jfoster on May 14, 2020 | [–]

Cruise is part of GM.

rifflebutter on May 14, 2020 | [–]

Correction -- Cruise is majority-owned by GM but not really a GM subsidiary after SoftBank invested in it.

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