Tesla Inc. is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company. read more
London-based AI unicorn Stability has laid off about a tenth of its workforce as part of a “strategic plan to reduce” costs just weeks after the departure of its founder and CEO. The layoffs, affecting around 20 staff, were announced by Stability in a company-wide memo on Wednesday evening, first published by Business Insider. The […]
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.
Tesla laid off at least 10 percent of its workforce earlier this month, and in typical Tesla fashion, the Texas-based automaker made sure the layoffs were done in an organized fashion with plenty of communication and a clearly defined strategy. Just kidding. The layoffs were so poorly executed that security was forced to scan employees’ badges at the door to figure out who had been laid off. And, apparently, that included a guy who had taken to sleeping in his car and showering at the factory...
The report underlines the urgent need for incorporating occupational safety and health considerations into climate response strategies.
More than 1,400 of the laid off Tesla employees work at the Fremont factory and several dozen work in Palo Alto.
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...
The U.S.-China rivalry has a new flashpoint in the battle for technology supremacy: electric cars. So far, the U.S. is losing. Last year, China became the world’s foremost auto exporter, according to the China Passenger Car Assn., surpassing Japan with more than 5 million sales overseas. New energy vehicles accounted for about 25% of those exports, and more than half of those were created by Chinese brands, a shift from the traditional assembly role China has played for foreign automakers. “The...
Tesla’s mass layoffs will Buffalo especially hard. Reuters reports: “Tesla will lay off 285 employees in Buffalo, New York, as part of its plans to trim 10% of its global workforce, the electric-vehicle maker said in a legally mandated notice on Wednesday. Under pressure from falling sales and an intensifying price war for EVs, Tesla… Source
The latest report from Canalys estimates that a total of 296.2 million smartphones shipped globally in Q1, 2024. The figure represents a 10% year-on-year growth and the first double-digit growth in ten quarters. Samsung regained the top sport with a 20% market share and 60 million shipments. The positive results were driven by the refreshed Galaxy A series and robust demand for the flagship S24 series. The earlier launch date for the S24 series also helped Samsung as it managed to ship 13.5...
Clean energy added about US$320 billion to the world economy last year, accounting for 10% of global GDP growth in 2023, according to a study from the IEA.