GM's self-driving cars startup will create 1,100 jobs in San Francisco

Cruise Automation, a startup owned by General Motors, will create 1,163 full-time jobs in San Francisco through its self-driving vehicles division, the San Francisco Business Times reported. 

The startup was founded by Kyle Vogt, co‚Äč-founder of video-game streaming platform Twitch. GM bought Cruise Automation from Vogt for $580 million last year. 

According to Cruise Automation, the new positions will have an average salary of $116,000. The company will invest $14 million into growing its autonomous vehicle operations in the city. 

Forbes noted that GM has had a reduced workforce in San Francisco after it filed for bankruptcy in 2009. Cruise Automation would receive $8 million in tax credits from the state of California if the plan is greenlit. 

Currently, Cruise Automation employs 150 people in the city, who develop self-driving vehicle technology. The company intends to use this technology in ridesharing vehicles that will be manufactured by GM in the near future. 

"We've had a plan in place for a while and it's going according to schedule. From what I can tell it's much faster and going to happen much sooner than most people in the industry think," Vogt said in March, according to Forbes. "We're planning to deploy in a rideshare environment, and very quickly."

Cruise Automation, a startup owned by General Motors, will create 1,163 full-time jobs in San Francisco through its self-driving vehicles division.