SpaceX Layoffs to Affect 10% of Workforce Across U.S.

The news comes shortly after the launch of 10 Iridium communications satellites on Friday. Elon Musk’s rocket company SpaceX plans to reduce its workforce by about 10% of its more than 6,000 employees across the country, th.....»»

Category: europeSource: fortuneJan 12th, 2019

Are Tesla Layoffs Over?

Tesla (NASDAQ: TSLA) laid off 9% of its workforce. CEO Elon Musk said the 3,500 or so jobs did not affect employees producing the company’s cars, particularly the anticipated but late Model 3.........»»

Category: blogSource: 247wallstJun 13th, 2018

Ford plans new wave of layoffs, to shed 10% of its workforce by August

Ford Motor Co. eliminates more jobs as it hopes to end August with 10% fewer employees......»»

Category: topSource: marketwatchMay 20th, 2019

Layoffs hit legal-tech company Mitratech, which is shifting work overseas

Legal technology company Mitratech plans to lay off 83 people in the United States, including more than 50 in the Texas capital, as it shifts work to India. The Austin-based company filed paperwork May 1 with the Texas Workforce Commission indicatin.....»»

Category: topSource: bizjournalsMay 7th, 2019

Intel confirms layoffs, remains mum on details

Chip giant Intel appears to be cutting back in its internal IT workforce, according to media reports. The Oregonian, citing unnamed sources, pegs the cuts in the hundreds across the company, which has a global workforce of 107,000. The paper repo.....»»

Category: topSource: bizjournalsMar 29th, 2019

Firestone in Liberia pursues drastic layoffs, worrying many

The 6,500 workers at the Firestone rubber plantation in Liberia are bracing for job cuts after the American-owned company announced it will substantially reduce its workforce......»»

Category: topSource: foxnewsMar 29th, 2019

Shopko liquidation prompts another 1,715 layoffs at 39 Wisconsin stores

The liquidation of Shopko Stores Operating Co. LLC’s business will result in another 1,715 layoffs at 39 locations slated to close throughout Wisconsin, the state Department of Workforce Development said Thursday afternoon.  The most recent ann.....»»

Category: topSource: bizjournalsMar 28th, 2019

Electronic Arts slashes hundreds from workforce after disappointing third quarter

Electronic Arts is slashing 350 positions from its workforce. The Redwood City-based company, which has 9,000 employees, said the cuts will affect its marketing, operations and publishing teams. The hardest hit will be its operations in Japan and R.....»»

Category: topSource: bizjournalsMar 26th, 2019

How AI will affect the human workforce in the near future

A common misconception about AI is that it will lead to jobs being eliminated and humans replaced by robots. Instead, there are real benefits to look forward to once this emerging technology becomes established in the workplace. .....»»

Category: topSource: moneycentralMar 11th, 2019

Home goods retailer shuttering North Texas support center, laying off 123 workers

Home goods retailer Restoration Hardware is shutting down a North Texas support center this month, resulting in more than 100 layoffs. In a letter sent to the Texas Workforce Commission under the Worker Adjustment and Retraining Notification Act, the c.....»»

Category: topSource: bizjournalsJun 7th, 2018

Tesla to layoff 9% of its workforce, Elon Musk says

Tesla Inc. has started a round of layoffs this week, aiming to let go of about 9% of its workforce......»»

Category: topSource: marketwatchJun 12th, 2018

Tesla laying off about 9% of its workforce: report

Tesla Inc. is laying off about 9% of its workforce, according to online publication Electrek, citing sources familiar with the matter. The round of layoffs started on Monday and it is going to b.....»»

Category: topSource: marketwatchJun 12th, 2018

Tesla to layoff 9% of its workforce, Elon Musk says

Tesla Inc. has started a round of layoffs this week, aiming to let go of about 9% of its workforce......»»

Category: topSource: marketwatchJun 12th, 2018

Tesla to cut thousands of jobs

The maker of electric vehicles will lay off up to 9 percent of its workforce, CEO Elon Musk said. There will be no layoffs of factory workers, he said......»»

Category: topSource: washpostJun 13th, 2018

As stock hovers around $2, Fred"s plans mass layoff

It seems layoffs will continue at a Memphis-based public company. Fred’s Inc. filed a WARN (Worker Adjustment and Retraining Notification) notice Friday, Sept. 7, informing the Tennessee Department of Labor and Workforce Development that 80 pe.....»»

Category: topSource: bizjournalsSep 7th, 2018

Wells Fargo plans 5 percent to 10 percent workforce cut that could affect 26,500 positions

Wells Fargo plans to cut costs by imposing a 5%-10% workforce reduction over the next 3 years that could affect up to 26,500 positio.....»»

Category: topSource: usatodaySep 20th, 2018

State Farm will shut down Mendota Heights office

State Farm Insurance will lay off 88 employees in Mendota Heights, virtually its entire workforce there, as it shutters the office as part of a wave of nationwide cutbacks. The Bloominton, Ill.-based insurer disclosed the pending layoffs at its State.....»»

Category: topSource: bizjournalsOct 4th, 2018

Hasbro to Cut Workforce in New Round of Layoffs

The toy company is planning layoffs that will trim less than 10% of its workforce, a move the maker of Monopoly, Nerf guns and Disney Princess dolls says is a response to changes in how consumers buy and play with toys......»»

Category: smallbizSource: wsjOct 19th, 2018

Hasbro to cut "single-digit percentage" of workforce in new layoffs, WSJ reports

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 19th, 2018

GM offering buyouts to cut North American salaried staff

General Motors Co said on Wednesday it plans to cut its North American salaried workforce, starting with voluntary buyout offers but resorting to layoffs if necessary......»»

Category: topSource: reutersOct 31st, 2018

How a SpaceX Loan and the Midterm Elections Will Affect Markets

Illustration by Albert.....»»

Category: futuresSource: nasdaqNov 7th, 2018