Many Google’s employees, including its entire Python team, were laid off as a result of a recent cost-cutting move by its parent company, Alphabet.The tech giant's decision affected several tech migrants throughout the industry. One of Google’s former employees took to LinkedIn to share the account of when he realised his time at the company was over.Related ArticlesGoogle reportedly fires entire Python team: Are Python developers still relevant in the age of AI?Google layoffs: Sundar...
Photo: aspenideas.org NEW DELHI, (IANS) – In a stark reminder of Twitter (now X) layoffs in 2022 when Elon Musk sacked about 80 per cent of the staff (nearly 7,500 people) after acquiring the social media platform, several high-performers have been asked to go at […]
The employee response to Nike’s exec comms around its layoffs offer reminders about how comms influences the mixternal brand. When you think of mainstay American brands, Nike is probably close to the top of the list. Long known as an innovator in the world of sports apparel and equipment, there’s a certain air of gravitas […]
“We were kind of cut off at the knees today,” one employee said.
PORTLAND, Ore. (KOIN) — Following layoffs in February, Nike is expected to
Tesla is in trouble: Its product line is aging. Sales are stalling. Top executives are fleeing. The stock price is down. The first wave of new Cybertrucks is riddled with quality problems. The low-cost Model 2 recently promised by Chief Executive Elon Musk appears to be dead. Some of Tesla’s most environmentally conscious buyers are signaling their disgust with the behavior of Musk by turning to other brands, even as price cut follows price cut. Those bargain basement deals are squeezing profit...
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Tesla is back in the news cycle and our crystal ball says it’s one of those long-term affairs. The […] © 2024 TechCrunch. All rights reserved. For personal use only.
Students at the University of Texas at Austin protested Thursday after the school laid off more than 60 staff members to comply with Texas’s diversity, equity and inclusion (DEI) ban that went into effect earlier this year. About 200 students at the university disrupted a virtual faculty council meeting conducted by the university's president Monday
In an email obtained by CNBC Wednesday, Tesla CEO Elon Musk informed staffers that the severance packages sent to some of the 14,000 workers laid off this week were “incorrectly low.” Musk apologized for the mistake, stating that the problem is being “corrected immediately.” This week’s layoffs came as the company prepares for “its next phase of growth,” Musk stated in an email Sunday, citing the need to cut costs and increase productivity. Additionally, the EV maker continues to face...
More than 1,400 of the laid off Tesla employees work at the Fremont factory and several dozen work in Palo Alto.
Tesla’s layoffs and executive departures took a bite out of its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 people or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost ground. The […] © 2024 TechCrunch. All rights reserved. For personal use only.
Ola Cabs chief executive Hemant Bakshi is leaving just three months after the ride-hailing company publicly announced his appointment, with founder Bhavish Aggarwal once again taking over the reins at the firm, people in the know told ET.The company will also undertake a restructuring that will see at least a 10% reduction in headcount, impacting about 200 employees, the people said.Bakshi joined Ola Cabs in the middle of September 2023, but the company publicly announced it only in January this...