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General Motors announces another round of layoffs, 1,695 workers to be affected

General Motors has announced layoffs at its Fairfax Assembly plant in Kansas, affecting 1,695 emplo…

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'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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A Tesla supplier says Elon Musk's Supercharger layoffs were 'a sharp kick in the pants'

The Information reported late Monday that Musk is laying off around 500 employees on its Supercharg…

Tom Carter   


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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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General Motors may bring ChatGPT-like digital assistant for cars

Automaker General Motors (GM) is reportedly working on a virtual personal assistant based on the sa…

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Kwan Wei Kevin Tan   


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China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.

In today's edition: Using AI to generate headshots, Mark Zuckerberg's grilling session, and more he…

Diamond Naga Siu   


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GM's self-driving car startup Cruise has laid off 8% of its staff, or around 150 workers

The move is aimed at cutting costs amid the ongoing coronavirus pandemic.

Charlie Wood   


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The tech layoff contagion is hitting automakers but it's not like what's happening at Google, Meta, and Microsoft

"Generational layoffs" are hitting the auto industry as tech companies take a downsizing page from …

Nora Naughton   


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Election integrity is still a 'top priority' for Twitter despite mass layoffs, safety chief said

Yoel Roth downplayed activists' and advertisers' concerns about more misinformation appearing on Tw…

Stephanie Stacey   


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Matthew DeBord   


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Rivian, Amazon, and Apple are snapping up laid-off Tesla employees amid Elon Musk's workforce-reduction plans

Former Tesla workers may not be on the job market for long after Elon Musk laid off 10% of salaried…

Grace Kay   


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Ford is slashing thousands of jobs as it goes electric. Experts say a tidal wave of layoffs will rock the industry as it undergoes a seismic shift.

Electric cars are simpler to make than gasoline vehicles. That simple fact could have the auto indu…

Tim Levin   


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General Motors is offering buyouts to cut its North American salaried workforce

Under CEO Mary Barra, GM has focused on keeping its operations lean and competitive, while investin…

Brian Pascus,Reuters   


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Firing workers costs big companies like General Motors billions - here's why retraining them is a better bargain

Retraining workers - or teaching current employees the advanced skills companies need - is not only…

Allana Akhtar   


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Terrible European Auto Sales Are Now Triggering Layoffs And Plant Closures

PSA Peugeot Citroën, Europe's second-largest automaker, has announced it will cut nearly 10,000 job…

Alex Davies   


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Trump blames the Federal Reserve for GM's layoffs

Though done in private, Nixon pressured Burns to keep interest rates low before the 1972 election i…

Bob Bryan   


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6 mins read

India's blue-chip indices see a dizzying rally this week⁠— these are the top ten gainers and what pumped them up

India's top ten listed companies together added a whopping ₹3.1 lakh crore to market capitalisation…

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Trump threatens to slash GM's subsidies after the automaker announces layoffs, factory closures

GM announced Monday that the company would stop producing vehicles at three factories - one apiece …

Bob Bryan