Earlier this month, CEO Elon Musk announced Tesla will slash its workforce by 10%.
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’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...
Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces declining sales. The prices of the Model X, Model Y and Model S — three of its four best-selling vehicles — were each reduced by $2,000, days after the company recorded below-anticipated delivery figures for the first quarter
Latest wave of redundancies is the the EV-maker’s response to sluggish demand for electric cars in North America
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 […]
Combined revenue sales total 337.2 billion yen // The Recording Industry Association of Japan (RIAJ) released its Statistics and Trends: RIAJ Year Book" report
A change to Texas' "Move Over and Slow Down" law went into effect in September 2023, imposing heavier penalties for those that do not move over or slow down to 20 miles below the post speed near roadside construction.
Company may let go 20% staff (Top headline, 3rd story, link) Related stories:TESLA Accelerates Rollout of New EVs as Profit PlungesPromises, promisesElon's ugly battle with Australia continues
The Pegula family is putting a minority interest in the Bills up for sale.
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...