As EV sales sputter, the faltering company cuts 1 percent of its workforce in a second round of firings this year.
Tesla management told employees Monday that the recent layoffs -- which gutted some departments by 20% and even hit high ...
are cutting more jobs this year than last.” MORE FROM FORBESGold Hits Another High-Despite A Strong Stock Market And Economy. Here's Why.By Derek Saul ...
Warren Buffett's favorite market gauge has surged to a two-year high of 184%, signaling stocks are overvalued and could suffer a devastating crash. The "Buffett Indicator" takes the combined ...
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By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of ...
Layoffs in leadership made up almost two times the share of total terminations compared to the previous five-year average ... Economic turbulence, due to high inflation, operating costs and ...
The drive to electrify personal cars in California has, at best, hit a rough patch. The big question is whether current ...
Big corporate profits led to employers retaining workers, which helped shore up spending and prevent recession, said Mark ...
Microsoft’s fiscal year ended June 30. The job cuts hit ... The layoffs come as multiple technology vendors slash headcount amid concerns for an economic recession in the United States, high ...
Rising supplies from the region's top diesel exporter will add to inventories in Singapore, which hit a 2-1/2-year high last week, capping prices and refiners' margins in Asia, they said ...
Warren Buffett's go-to market gauge surged to a two-year high of 184%. The "Buffett Indicator" compares the stock market's total value to the overall size of the economy. Buffett has warned that ...