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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

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

The US economy is already in a recession, and it's following the same path as China by becoming reliant on debt, veteran forecaster says

Mon, 04/29/2024 - 10:31

Tech Insider : Economy

Recession outlook — Yuichiro Chino/Getty Images

economy, Markets, recession-outlook, recession-2024, Layoffs, job-market, job-market-outlook

Meta's Oversight Board is planning to make 'targeted cuts'

Mon, 04/29/2024 - 09:20

Meta's Oversight Board is preparing to conduct layoffs.

Josh Edelson/AFP via Getty Images

Tech, meta, AI, content-moderation, Layoffs, trending-uk, mark-zuckerberg

Tesla's chaotic layoffs leave employees nervous and wondering when the cuts will end

Tue, 04/23/2024 - 13:15

Elon Musk announced cuts on Sunday night. — Tesla CEO Elon Musk announced job cuts on the evening of Sunday, April 14 .
Spencer Platt/Getty Images and Taylor Hill/Getty Images

Transportation, Tech, elon-musk, tesla, Layoffs

Tesla layoffs impacted nearly 12% of its Texas staff

Tue, 04/23/2024 - 11:24

Elon Musk at Tesla factory near Austin — Elon Musk during the grand opening of the Tesla factory near Austin.
SUZANNE CORDEIRO/Getty Images

Transportation, Tech, elon-musk, tesla, Layoffs

Elon Musk's wealth has crashed by over $175 billion from its peak as Tesla's problems pile up

Tue, 04/23/2024 - 03:47

Elon Musk — Elon Musk is CEO of Tesla.
Brendan Smialowski/AFP/Getty Images

finance, Transportation, trending-uk, Stocks, elon-musk, tesla, spacex

Tesla lays off its new marketing team months after launching it: report

Mon, 04/22/2024 - 15:08

Tesla started sending out severance packages to laid off employees on Wednesday. — Tesla started sending out severance packages to laid off employees on Wednesday.
Justin Sullivan

Tech, tesla, elon-musk, Layoffs, job-cuts

Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says

Mon, 04/22/2024 - 11:54

Tech Insider : Economy

stock market crash — peshkov/Getty Images

economy, Markets, recession-outlook, recession-outlook-2024, us-recession-outlook, job-market, job-market-outlook

Tesla's layoffs week continues with recruiters the latest to lose their jobs

Fri, 04/19/2024 - 12:38

More Tesla workers were notified their role had been eliminated on Monday night. — Some Tesla workers outside of the US have also been reportedly impacted by layoffs.
Smith Collection/Gado

Transportation, Tech, tesla, elon-musk, Layoffs

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