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You Searched For "Mass layoffs" and got 20 results


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1 min read

Elon Musk says Tesla needs a 'complete organizational overhaul' to get to 'the next level' amid mass layoffs at the company

"That said, our executive tenure is unusually high at well over 10 years at Tesla," Musk wrote on X.

Kwan Wei Kevin Tan   


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5 mins read

Life after Intel: After rounds of layoffs and buyouts, some Intel insiders are abandoning the corporate grind altogether

Intel's buyouts are motivating some employees to pursue entrepreneurial paths totally different fro…

Emma Cosgrove   


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2 mins read

'We are nothing but numbers to them, fat to be trimmed off': General Motors employee reacts to layoffs

A General Motors employee took to LinkedIn and shared his experience of getting laid off. He reveal…

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1 min read

Tesla posts roles for Autopilot team after weeks of mass layoffs and scrubbing jobs board

Tesla is hiring again for its Autopilot team after deep companywide job cuts.

Grace Kay   


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3 mins read

Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'

In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…

Lian Kit Wee   


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2 mins read

Spotify CEO Daniel Ek acknowledges that mass layoffs posed a 'significant challenge' for day-to-day operations

"It took us some time to find our footing," Spotify chief Daniel Ek told investors in an earnings c…

Kwan Wei Kevin Tan   


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2 mins read

A major Tesla executive left after 18 years at the company amid mass layoffs

Drew Baglino, Tesla's senior vice president of powertrain and electrical engineering, is leaving. I…

Grace Kay   


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2 mins read

Bumper corporate profits helped prevent mass layoffs and a recession, says leading economist

Big corporate profits led to employers retaining workers, which helped shore up spending and preven…

Theron Mohamed   


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2 mins read

Walmart is axing hundreds of corporate jobs and bringing remote employees into the office

The Wall Street Journal reported the retail giant is reorganizing its corporate footprint, asking w…

Shubhangi Goel   


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5 mins read

Inside Tesla's chaotic month of brutal layoffs

Elon Musk is going through Tesla like a wrecking ball and heads are rolling left and right.

Grace Kay   


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3 mins read

If you've been laid off or fired, here's what you should tell employers in your next job interview

Employers are usually more understanding of layoffs, but you'll need to do better explaining away a…

Sarah Jackson   


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2 mins read

Intel shareholders accuse company of hiding problems about its in-house chips manufacturing business ahead of announced layoffs and poor earnings

Intel shareholders accused the company of hiding problems about its in-house foundry business in a …

Lloyd Lee   


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2 mins read

Elon Musk apologized for 'incorrectly low' Tesla severance packages

The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."

Jyoti Mann   


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2 mins read

Mass layoffs are 'last resort', says Tim Cook

As tech layoffs continue unabated amid the global meltdown, Apple CEO Tim Cook has said that mass l…

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3 mins read

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

In the wake of Tesla's week of layoffs some workers say they feel as if they've been left in limbo.

Grace Kay   


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1 min read

Amazon plans to reduce employee stock awards after mass layoffs

After mass layoffs, Amazon now reportedly plans to reduce the number of stock awards for employees …

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7 mins read

The way companies handle layoffs is brutal and bad for business

Frog-marching employees out the door and disappearing them on Slack is not only degrading to employ…

Aki Ito   


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1 min read

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

Tesla's former head of product launches, Rich Otto, said layoffs are "rocking the company and its m…

Grace Kay   


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1 min read

Over 1,600 techies being fired a day on average in January says tracking site Layoffs.fyi

Homegrown social media company ShareChat (Mohalla Tech Pvt Ltd) laid off 20 per cent of its …

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7 mins read

Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty

India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…

Theron Mohamed