Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a source ...
Companies are cutting staff and focusing on efficiency amid a commitment to do more with less following a year of widespread layoffs. Tesla announced a round of layoffs on Monday, joining Alphabet ...
To prepare for Tesla's "next phase," the tech giant has decided to lay off 10% of its global workforce, according to multiple reports that cite a memo sent to employees by CEO Elon Musk.
The current layoffs at AT&T are the most massive since 2021. At that time, 440 employees left the company. AT&T has been cutting staff almost every year since the pandemic. "These measures are in line ...
To prepare for Tesla's "next phase," the tech giant has decided to lay off 10% of its global workforce, according to multiple reports that cite a memo sent to employees by CEO Elon Musk.
UPS plans to end its dayshift package sorting operations Monday, just as the company said in February it would eliminate 198 part-time jobs and eight ... the state of mass layoffs.
But the layoffs are not simply the product of greed and stupidity of Musk and Tesla’s stockholders. They are part of a broader attack on jobs in industries across the world, spearheaded by the ...
Some Tesla employees are concerned that layoffs are imminent, possibly as soon as this weekend. Rumors are circling at Tesla's offices that cuts are on the horizon, seven engineers — including ...
Amazon's layoffs totaled 27,000 by March 2023, highlighting its significant share in tech sector layoffs. Amidst a decline in tech layoffs in 2024, Amazon's influence persists, shaping industry ...
Technology industry faces layoffs in 2024, continuing from 2023. Major companies like IBM, Dell, Vodafone, Ericsson, Bell, Facebook Messenger, and Airmeet have implemented job cuts, affecting ...
Support from readers like you keeps The Journal open. You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to ...
he assured her that no staff would lose their jobs as a result of the bill, and that student programs would not be cut. Because the university has refused to confirm the actual number of layoffs ...