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Layoffs

Tesla rescinds offers for full time employees as layoffs continue into 5th week

Mon, 05/13/2024 - 13:48

Tech Insider

Tesla vehicles sitting on the lot at a Tesla dealership. — Tesla is walking back offers of employment for full time staff.
Brandon Bell via Getty Images

Transportation, Tech, elon-musk, tesla, Layoffs

Tesla, Google, and Microsoft won't stop laying people off. Here's why that could backfire.

Sun, 05/12/2024 - 05:52

Tech Insider

Google is among the Big Tech companies that are continuing to cut workers.

Alain Jocard/Getty Images

Careers, Careers, Layoffs, google, Microsoft, tesla, employee-morale

Google CEO Sundar Pichai explains why the company keeps doing layoffs

Thu, 05/09/2024 - 12:57

Tech Insider

Sundar Pichai portrait — Sundar Pichai said Google's layoffs have been intentional.
Justin Sullivan/Getty

Tech, google, sundar-pichai, Layoffs

Tesla executive says he's resigned as recent layoffs hurt morale and throw the company 'out of balance'

Thu, 05/09/2024 - 11:26

Tech Insider

Tesla CEO Elon Musk — Elon Musk told staff Tesla planned to cut more than 10% of its workforce in April.
VCG/Getty

Transportation, Tech, elon-musk, tesla, Layoffs

I was laid off from my job at a fancy convenience store chain when it suddenly shuttered. My final shift felt like 'The Purge.'

Tue, 05/07/2024 - 14:06

Tech Insider

Declan Rhodes said his last day at Foxtrot felt like — Declan Rhodes said his last day at Foxtrot felt like the horror movie "The Purge."
Courtesy of Declan Rhodes

Careers, foxtrot, Layoffs, convenience-stores, as-told-to

The US will see a recession by year-end that could spark a 30% drop in the stock market, legendary forecaster Gary Shilling says

Mon, 05/06/2024 - 13:45

Tech Insider : Economy

stock market crash — bunhill/Getty Images

economy, Markets, stock-market-crash, Recession, recession-outlook, Layoffs, job-market-outlook

The US may already be in recession as job cuts accelerate, research CEO says

Mon, 05/06/2024 - 13:38

Tech Insider : Economy

A recession is coming in 2024 — A recession is coming in 2024
Getty Images

economy, Markets, recession-outlook-2024, Recessions, jobs-report, labor-market-data, fed-interest-rates

Tesla sends out another wave of layoff notices as employees enter 4th week of job cuts

Mon, 05/06/2024 - 10:22

Tech Insider

A composite image of Elon Musk and the parking lot of the Tesla factory in Fremont, California. — Tesla CEO Elon Musk told staff Tesla would cut more than 10% of its workforce.
Nathan Howard and Justin Sullivan via Getty Images

Transportation, Tech, elon-musk, tesla, Layoffs

Welcome to the white-collar recession

Tue, 04/30/2024 - 05:28

Tech Insider : Economy, Economy

A long line of white-collar workers, with a caution sign indicating slow movemen — Getty Images; Alyssa Powell/BI

economy, Discourse, Careers, Tech, economy, Unemployment, Hiring

Elon Musk isn't even close to being done with his 'absolutely hard core' slashing of Tesla's headcount

Tue, 04/30/2024 - 04:14

Tech Insider

Elon Musk — "We need to be absolutely hard core about headcount and cost reduction," Elon Musk said in an email to Tesla's senior executives on Monday, per The Information.
Beata Zawrzel/NurPhoto via Getty Images

Tech, insider-news, elon-musk, tesla, Layoffs

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