Elon Musk is thinning Tesla's senior management and laying off hundreds more employees, frustrated by falling sales and the ...
In a significant move to streamline operations and initiate a major cost-cutting drive, Tesla is reportedly laying off over 10% of its global workforce, amounting to at least 14,000 employees.
T roubled mid-sized builder Taeyoung Engineering & Construction (E&C) agreed to lay off 22 senior executives and cut salaries by up to 35 percent for the remaining ones, as part of self-rescue ...
Elon Musk sent out a memo to all Tesla staff last night. Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid growth there has been duplication of ...
Locked in a tight presidential race, Trump prevails in trust to handle most issues in new ABC News/Ipsos poll, yet Biden scores competitively on key personal attributes. Donald Trump has sent ...
The plans also include eliminating “several projects in development," with titles yet to be named. By Caitlin Huston Business Writer Take-Two Interactive will be cutting the company’s ...
Google announced a new round of layoffs Wednesday, and said it will move some jobs overseas. Business Insider first reported the cuts, saying they will affect a significant but unspecified number ...
Tesla confirmed its laying off more than 10% of its global workforce following weak first quarter deliveries and increasing competition in the electric vehicle (EV) market, according to a filing ...