Tesla"s Biggest Layoffs Mapped: Where Has EV Giant Cut Most Jobs?
The company has decided to cut over 10% of its workforce or about 14,000 jobs. But where have the maximum slashings taken place? read more.....»»
Tesla"s Loss, Revel"s Gain: Ride-Hailing Company Eyes Abandoned Supercharger Sites In New York
Tesla's decision to slow down the expansion of new Supercharger locations came after the exit of its unit head, Rebecca Tinucci following mass layoffs at the EV giant. read more.....»»
Tesla Researcher Thinks EV Giant"s "Biggest Challenge" In Q2 Comes From One Of Its Cash Cows Due To A Tax Credit Twist
The two low-priced versions of the Model 3 don't qualify for a federal EV tax credit of $7,500 while the corresponding versions of the Model Y do. read more.....»»
Tesla"s Horror Week Ends With Another Price Cut, Rivian"s Second Round Of Layoffs, Lucid Touts Longest-Range Domestic EV And More: Biggest EV Stories Of The Week
The decline in EV adoption has also affected industry leader Tesla, leaving the future uncertain for other startups in the sector. read more.....»»
"The Street Wants and Needs Answers" From Elon Musk On Tesla Layoffs — Dan Ives Demands "Rationale For The Cost Cutting"
Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances. read more.....»»
The full list of major US companies slashing staff this year, from Tesla to Google and Apple
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.....»»
Fed: Lower-income workers and less educated facing more job losses caused by coronavirus
The coronavirus crisis led to dramatic changes in Americans' finances as millions of workers faced layoffs or other cutbacks in their jobs, with low-wage workers taking the biggest hit, according to a report released by the Federal Reserve on Thursday......»»
Jobs report expected to show biggest labor market shock in U.S. history
Analysts say steep jump in unemployment and layoffs will be hard to reverse quickly. Analysts say steep jump in unemployment and layoffs will be hard to reverse quickly......»»
Netflix layoffs hit marketing amid strategy shift (Streaming roundup)
Netflix Inc. is laying off some employees in its marketing department as the streaming giant shifts to touting its own brand alongside its flagship movies and series. The company will cut 15 or more jobs in the marketing department this week, The.....»»
Italian PM says ArcelorMittal wants mass layoffs, govt rejects demand
Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as "unacceptable"......»»
Amazon plans to open new warehouse, create 2,800 jobs in Germany
U.S. online retail giant Amazon plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in what is its second-biggest market after the United States......»»
Ford plans to cut 7,000 jobs as part of company ‘redesign’
The layoffs will hit roughly 10 percent of the company's salaried staff and save the auto giant about $600 million annually......»»
See the biggest job announcements and layoffs of 2019 so far (slideshow)
Business First has been tracking job announcements and many more through our Jobs Watch interactive map of the biggest hirings and layoffs across New Mexico. It debuted last January and covered a lot of big company movement with expansions and .....»»
Tesla cuts dozens of salespeople amid shifting retail strategy
Tesla, Inc. opened its second quarter with a fresh round of layoffs, cutting dozens of salespeople from payroll, Bloomberg reports, citing unnamed sources. Tesla later confirmed the report, but declined to say how many people had lost their jobs. The.....»»
Tesla shares slide a day after announcing store closures, layoffs and a loss for the first quarter
Tesla shares were down more than 5 percent on Friday, just a day after the electric car maker said it will be shuttering some stores and cutting jobs to reduce costs......»»
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......»»
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.........»»
Tesla Layoffs 2018: Which Jobs Are on the Chopping Block?
InvestorPlace - Stock Market News, .....»»
Australian telecom giant Telstra is slashing 8,000 jobs
Telstra, Australia's biggest telecom operator, is cutting employee and contractor positions in a dramatic bid to bring down costs......»»
As Tesla races to meet production goals, pressures and suspicions grow
Layoffs of factory workers, the use of a giant tent and emails about sabotage suggest that the company may be facing more chaos at its production facility than suspected by drivers and investors......»»
WPP Layoffs: World’s Biggest Ad Company to Cut 3,500 Jobs
InvestorPlace - Stock Market News, Stock Advice.....»»