Tesla employees fear layoffs more than other major tech firm workers, BI reports

Chinese tech giant Huawei is laying off more than 600 employees in the U.S. who worked for the company’s research and development division Futurewei, Reuters reports. Futurewei operates a major office in Santa Clara, where a Reuters reporter interviewe.....»»

Tesla's layoff plans may not be confined to the US, with Reuters reporting jobcuts in China too, a major market for the EV maker. Tesla layoffs reportedly impacted workers in China in addition to the US.JOHN THYS / GettyElon M.....»»

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Amazon, IBM, Google, UPS and Tesla are among those shedding staff. Elon Musk informed Tesla employees that the company would be making cuts overni.....»»

A New York-headquartered data and technology firm announced this week it would be laying off 489 employees at its Jacksonville location......»»

REUTERS/Aly Song/File Photo Elon Musk sent an email thanking Tesla staff for returning to work. The billionaire re-opened Tesla's Fremont, Califor.....»»

Tesla told employees on Tuesday the company will furlough all non-essential workers and implement salary cuts as part of a continued shutdown of the company's U.S. production facilties. Gloria Tso reports......»»

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

After a streak of layoffs at prominent public tech companies, another Boston firm has reduced its workforce. This time, the company making cuts is private, valued over $1 billion, fresh off a $200 million funding round, and has a major Memphis pres.....»»

Getty A survey of UK healthcare staff found workers are overwhelmingly uncomfortable at the prospect of Silicon Valley firms handling sensitive patient data. YouGov, a major UK market research firm, surveyed 1,000 staff working at the UK's state-funded .....»»

Big tech companies in Silicon Valley worry about retaining in-demand workers who are barraged with tempting job offers — but some companies seem to retain employees for longer than others. A Silicon Valley Business Journal analysis of data calculate.....»»

Palo Alto-based electric carmaker Tesla Inc. is facing new allegations today that its managers penalize employees who take sick days, leave work early or talk on their cell phones, The Guardian reports, citing multiple interviews with current and former e.....»»

Palo Alto-based electric carmaker Tesla Inc. is facing new allegations today that its managers penalize employees who take sick days, leave work early or talk on their cell phones, The Guardian reports, citing multiple interviews with current and former e.....»»

Tech workers in the Bay Area have plenty of choices about where they work, from startups and companies gaining ground to long-established tech giants. Having so many options seems to show in how long employees typically stay at companies, too, since the.....»»

Tesla Tesla employees said they walked through raw sewage due to their fear of causing production delays, Bloomberg reports.  Tesla di.....»»

After being a subcontractor on a 10-year contract that oversaw operations at Kennedy Space Center, a woman-owned tech firm plans to lay off more than 100 employees. Oviedo-based engineering and computer solutions company Yang Enterprises Inc. notifi.....»»

Could the number of technology buyouts in the U.S. surpass last year’s all-time record? It’s getting close, according to data recently released by Preqin. The research firm reports that were 1,079 tech-focused global buyouts announced as of Novembe.....»»

Shock and fear swept through the headquarters of Venezuela's state-owned oil firm, PDVSA, on Monday, employees said, after the United States imposed sanctions aimed at limiting President Nicolas Maduro's access to oil revenues......»»

Former Tesla workers confirmed to BI that some recruiters were informed of the layoffs via a call on Friday morning. Some Tesla workers outside of the US have also been reportedly impacted by layoffs.Smith Collection/GadoTesla informed so.....»»

Some laid off Tesla workers received a notification that their sepa.....»»

Tech employees who moved last year overwhelmingly chose the NYC area — and left San Francisco — according to a new SignalFire report. New York is slowly gaining on San Francisco as a riv.....»»