Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...
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 U.S. media report. Elon Musk's EV company, which moved earlier this month to cut more than 10 percent of its 140,000 employes, will
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 U.S. media report.Elon Musk's EV company, which moved earlier this month to cut more than 10 percent of its 140,000 employees, will disband two departments and lay off most of the employees from the groups, reported the Information late Monday.The online technology publication quoted from a Musk email in which he vowed to be "absolutely...
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 last week reported a 55 percent drop in quarterly earnings to $1.1 billion, reflecting a decline in EV sales in a market with intensifying competition.
GB News is to cut 40 jobs as the opinionated broadcaster battles to stem losses.]]>
There’s a lot of uncertainty ahead for CBS parent Paramount Global. That company has been at the focus of merger and acquisition talks for some time, and entered exclusive merger talks with Skydance earlier this month. But those talks have not yet produced a result, and it’s unclear if they will. And now, as per
Only one of the incumbent Republican school board members running for reelection qualified for the primary ballot by vote of state GOP delegates.
Business rescue practitioners for the Post Office say their application for TERS funding has been rejected, meaning thousands of job cuts will have to go ahead.
Eight people have reportedly been taken to hospital after an incident occurred on the set of a film starring Eddie Murphy. The film, titled The Pickup, is set to star Murphy alongside Pete Davidson, Keke Palmer and Marshawn Lynch. The incident happened when two vehicles collided during the filming of an action scene. The first […]
The NFL Draft is finally just a day away, after months of seemingly never-ending punditry that will ultimately all be meaningless year from now. Chris Simms reporting that most NFL people he talk to has LSU wide receiver Malik Nabers ranked ahead of Ohio State wide receiver Marvin Harrison Jr on their draft boards. The […]
A group of adrenaline junkies in the Republican conference are making their colleagues nervous, since anyone sidelined by a mishap could destroy the GOP's razor-thin 217-212 majority in the House."That math means every member sidelined by a weekend-warrior mishap is a possible legislative crisis," writes The Wall Street Journal's Katy Stech Ferek. As they hold the House with one of the smallest majorities in U.S. history, Republicans could be thrown into a "legislative crisis" should one of them...
Leeds United and the 71 other English Football League clubs have allegedly not been consulted on the change to how the oldest cup competition in football is run from next season, a decision which has not been well-received by those up and down the English football pyramid. Tranmere Rovers' vice chairman Nicola Palios has voiced her opposition to the move, calling for clubs to protest over what is perceived to be another attempt to appease Premier League clubs, many of whom compete on multiple...