Tesla will lay off more than 10% of its global workforce as it grapples with falling sales and an intensifying price war for EVs.
Read More Tesla to lay off more than 10% of staff globally as sales fall
Tag: Layoffs
Apple Lays Off Over 600 Employees After Shutting Down Self-Driving Car Project
Tech titan Apple is reportedly laying off 614 workers after canceling a 10-year project to build a self-driving electric car in its first round of job cuts since the start of COVID-19.
Read More Apple Lays Off Over 600 Employees After Shutting Down Self-Driving Car Project
US weekly jobless claims unexpectedly fall; labor market gradually cooling
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
Read More US weekly jobless claims unexpectedly fall; labor market gradually cooling
Tyson Foods Mass Layoff and Bid to Hire Illegal Aliens
with Michael Seifert
Read More Tyson Foods Mass Layoff and Bid to Hire Illegal Aliens
Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.
Read More Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
Insight: How production pressures plunged Boeing into yet another crisis
Snags have triggered soul-searching about quality controls and plunged Boeing into its second safety crisis in five years.
Read More Insight: How production pressures plunged Boeing into yet another crisis