This is the best summary I could come up with:

Kyle Vogt, the serial entrepreneur who co-founded and led Cruise from a startup in a garage through its acquisition and ownership by General Motors, has resigned, according to an email sent to employees Sunday evening.

In another email, also viewed by TechCrunch, GM Chair and CEO Mary Barra announced that Mo Elshenawy, who is executive vice president of engineering at Cruise, will serve as president and CTO for Cruise.

The executive shakeup comes a month after the California Department of Motor Vehicles suspended Cruise’s permits to operate self-driving vehicles on public roads after an October 2 incident that saw a pedestrian – who had been initially hit by a human-driven car and landed in the path of a Cruise robotaxi – run over and dragged 20 feet by the AV.

Morale at Cruise has been low since the October 2 incident, with employees pointing the finger at poor management that didn’t prioritize safety at the company.

Sources who spoke to TechCrunch on the condition of anonymity said they could lose upwards of tens of thousands of dollars as a result of this decision.

Vogt sent out an email on Saturday saying that certain employees could sell a limited number of shares in a one-time opportunity.

The original article contains 371 words, the summary contains 205 words. Saved 45%. I’m a bot and I’m open source!