GM attributed the change of strategy to "the considerable time and resources that would be needed to scale the business". The company did not say how many Cruise employees could be moved over to GM. GM, which owns about 90% of Cruise, said it has agreements with other shareholders that will raise its ownership to more than 97%. In December 2023, Cruise said it would cut 900 jobs, about a quarter of its workforce. The announcement came as safety officials were investigating the firm after reports of injuries to pedestrians. Cruise had earlier pulled all of its US vehicles from testing after California halted its driverless testing permit.