Tesla’s massive, companywide layoff round is set to slam California, with 3,332 workers across four cities losing their jobs in June. The Elon Musk-led automaker revealed the timing and scope of the layoffs in WARN filings with California on Monday; such documentation is required by the Worker Adjustment and Retraining Notification Act in the event of mass layoffs. Tesla’s cuts are hitting its Fremont locations hardest, with 2,267 layoffs across a dozen job sites. More than 1,400 of them are...
Latest wave of redundancies is the the EV-maker’s response to sluggish demand for electric cars in North America
Tesla is reportedly cutting additional jobs and two more top executives are gone after the electric vehicle giant slashed its workforce by 10% earlier this month. The Information reported that Tesla CEO Elon Musk sent an email to executives on Monday evening informing them that senior director of EV charging, Rebecca Tinucci, would be leaving the company on Tuesday, along with nearly all of her 500-person-strong Supercharger team. Tesla's director of vehicle programs and new product...
Tesla will lay off 693 workers from its Gigafactory in Sparks, according to a notice filed last week with the Nevada Department of Employment, Training and Rehabilitation.
Months after Gov. Gavin Newsom vetoed the proposal, lawmakers in Sacramento are trying again to extend unemployment benefits to California workers who are on strike. Under Senate Bill 1116, introduced by State Sen. Anthony Portantino (D-Burbank) and State Sen. María Elena Durazo (D-Los Angeles), California workers would be eligible to receive unemployment benefits after being on strike for 14 days. "No one goes on strike because they want to go on strike," Portantino said at a news conference...
Ruth Porat, Google's CFO, sent an email to employees announcing that the
Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday. The statement comes as the company faces increased capital spending to make the transition from gasoline
Frontline workers in California have earned millions since 2019. Watchdogs have slammed local government for spending billions. One fire captain earned $169,764 in 2022, but racked up $502,681 in overtime. READ MORE:
March and April brought the brutal news of layoffs to hundreds of workers at biotech and health tech companies in the Bay Area. Even as job cuts have seemingly slowed down in the wider tech industry this spring, four health-related companies announced sizable staff reductions. Genentech and Hinge Health cut portions of their Bay Area workforces, while Sanofi and Abbott Laboratories announced major facilities closures. All told, 807 people will lose their jobs. The layoffs were previously...
Earlier this month, CEO Elon Musk announced Tesla will slash its workforce by 10%.
As wave after wave of layoffs crash over Bay Area companies and the wider tech industry, questions swirl about the causes of the cuts. Now, at least one answer is becoming clearer: Executives want fatter pockets for investing in artificial intelligence. In an interview on the Verge’s “Decoder” podcast published Monday, Dropbox CEO Drew Houston mounted a zealous argument for the importance of AI while defending his company’s 500-worker layoff in April 2023. The two things are linked, he said,...
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