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Musk lays off Tesla senior executives in fresh job cuts, The Information reports
Elon Musk has dismissed two Tesla senior executives and plans to lay off hundreds more employees, frustrated by falling sales and the pace of job cuts so far, The Information reported on Tuesday, citing the CEO's email to senior managers.
Musk Axes Senior Tesla Executives in Latest Job Cuts
According to a report by The Information, Rebecca Tinucci, the Senior Director of Tesla's Supercharger business, and Daniel Ho, the head of new vehicle programs, were fired on Tuesday. The layoffs affect all personnel under their supervision, including approximately 500 employees in the Supercharger group.
Musk deepens ‘hardcore’ job cuts at Tesla
Elon Musk has called for “absolutely hardcore” job cuts at Tesla, as the company lays off hundreds more employees in an attempt to control costs.
Medtronic plans job cuts in California
The Medtronic layoffs — affecting engineers and other jobs — appear related to the devicemaker's decision to exit the ventilator market.
Tesla lays off more workers, two senior executives out: Report
A leaked email from Tesla CEO Elon Musk revealed the company is making further cuts to its workforce, including senior executives and entire departments.
Tesla Plans More Job Cuts as Two Executives Exit: Report
And then we hear that two more executives are leaving. Oh, and everyone underneath them is also going to be losing their job. What's happening? Well, I think the thing we saw perhaps a year and a half ago is that Tesla massively expanded its capacities.
Tesla to cut hundreds more jobs in Musk cost push: report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
Tesla’s HR chief leaves company after swathe of job cuts
Tesla’s HR chief leaves company after swathe of job cuts - Yet another senior staff member at EV giant has followed hundreds of employees in leaving the company this week
Tesla plans to cut hundreds more jobs
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle (EV) market, according to a US media report. Elon Musk's EV company,
Harvard Business School
1d
When Managers Set Unrealistic Expectations, Employees Cut Ethical Corners
Corporate misconduct has grown in the past 30 years, with losses often totaling billions of dollars. What businesses may not ...
2d
Shopify plans a reorg of its Support division as the ratio of managers to 'crafters' falls below target
Shopify's Support division is set for a reorg after experimenting with AI over the last year.
Compliance Week
1d
Lloyds decision to cut risk staff draws criticism, defenders
Lloyds Banking Group is cutting jobs in its risk management function after an internal review reportedly found it was a ...
5d
Bristol-Myers Squibb to Cut 2,200 Jobs as Part of $1.5 Billion Cost-Cutting Effort
Bristol-Myers Squibb will shed 2,200 employees this year as part of a cost-cutting effort to save $1.5 billion by the end of ...
Business Insider
3d
AI is making managers nervous
Managers
are worried that using powerful ... generations feared adopting AI would result in pay
cuts
. And it may already be threatening some
jobs
. As of April 28, more than 70,000 workers in ...
Modern Healthcare
7d
UnitedHealth Group cuts jobs in Optum's naviHealth division
An internal document shows the layoffs at naviHealth, part of UnitedHealth Group's Optum unit, involve supervisory and ...
Marketplace
1d
Could the Fed cut interest rates based on this week’s economic data?
The Federal Reserve will be watching jobs and unemployment numbers, as well as a manufacturing index and other private sector ...
3d
on MSN
AI is making managers nervous
Nearly half of managers surveyed said AI is a "threat to their pay" and will "fuel wage declines" across the US this year, a ...
9h
Elon Musk's Latest Round of Layoffs Might Have Killed the Best Thing About Tesla
Elon Musk laid off more employees at Tesla, including Rebecca Tinucci, the head of EV charging, and her entire team. The ...
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