Women

Ex-Tesla employees who were laid off this week are surprisingly praising the automaker in LinkedIn posts

5 monthes ago   |   By Business Insider

Hannah Mckay / Reuters
Tesla is firing around 9% of its employees.
Some former employees have shared their experiences on LinkedIn , taking a mostly positive tone.
Like Instagram, LinkedIn encourages users to present an idealized version of themselves.
On Tuesday, Tesla CEO Elon Musk said the company is firing around 9% of its employees .
In an email to employees he shared on Twitter , Musk said Tesla had developed redundancies in some job functions that were no longer necessary. See the rest of the story at Business Insider NOW WATCH: Former Wall Street CEO reveals how most financial...
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Tesla added twice as many employees in 2018 as it now plans to cut

Tesla added twice as many employees in 2018 as it now plans to cut

5 monthes ago   |   By Business Insider

Tesla CEO Elon Musk confirmed on Tuesday that the company will be laying off 9% of its employees in order to save costs and streamline organizational processes.
This year, Tesla added 8,000 employees to bring its total to 46,000 according to various reports. At 9%, it's cutting a little over 4,000 employees - half as many as it hired in 2018. In the email to employees, Musk said Tesla's rapid growth over the last 10 years, as depicted by this chart from Statista , is to blame for a "duplication of roles and some job functions that... made sense in the past, are difficult to justify...
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Elon Musk bought $25 million worth of Tesla stock, just a day after laying off 9% of Tesla employees

Elon Musk bought $25 million worth of Tesla stock, just a day after laying off 9% of Tesla employees

5 monthes ago   |   By Business Insider

VCG/Getty Images
Elon Musk bought about $25 million worth of Tesla stock this week.
His purchases come after Musk announced to Tesla employees that the company was cutting 9% of its workforce.
It could be a signal to employees and Wall Street that he's still optimistic about the future of Tesla.
Tesla Motors CEO Elon Musk has personally purchased about $25 million worth of stock in his own company, according to a filing with the SEC on Wednesday .
Before these purchases, Musk owned about 19.8% of the company, reports Marketwatch. With the 72,500 shares he bought this week, he owns about 34...
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Welcome to Georgia

Welcome to Georgia

Georgia – Tbilisi has been the capital city since the fifth century, the country of one of the most ancient histories and cultures in the world. Its special geographical... Read more ...

The Top 10 Deals of December 12, 2018

The Top 10 Deals of December 12, 2018

We see a lot of deals around the web over on Kinja Deals , but these were our ten favorites today. Read more ...

Ringing in New Year's Eve in New Orleans!

Ringing in New Year's Eve in New Orleans!

Three...two...one...New Year's Eve is almost here! We're not far from a brand-new year, and along with it, one of our favorite nights: New Year's Eve. No matter how you choose... Read more ...

Northern California Chapter Weighs New Venue Options During December Meeting

Northern California Chapter Weighs New Venue Options During December Meeting

Speaker Paul Lavoie and Director Margo Bart at the December 2018 Northern California meeting Fifty members and guests attended the December 2018 Northern California Chapter... Read more ...

Napoleon The Racing Corgi Crushes All Challengers, Is A Very Good Boy 

Napoleon The Racing Corgi Crushes All Challengers, Is A Very Good Boy 

Here is a true thing: Even the fastest corgi still looks like an absurd tubelike dog-snake hybrid. The Seattle Seahawks attempted to prove this with the 2018 Corgi Cup , which... Read more ...

Here's a Close Look at the Aston Martin Valkyrie's 11,100 RPM V12 Powerhouse

Here's a Close Look at the Aston Martin Valkyrie's 11,100 RPM V12 Powerhouse

Aston Martin has revealed some juicy details about the 6.5-liter V12 powering the upcoming Aston Martin Valkyrie road car. They, along with the lovely detailed images, will... Read more ...

Ryanair To Fly Over 10m Customers For Christmas

Ryanair To Fly Over 10m Customers For Christmas

Ryanair, Europe's No. 1 airline, today revealed it will carry over 10 million customers this Christmas breaking last year's record Christmas traffic by 5%. Saturday, 22 nd... Read more ...

Moore appointed by Oakwood as managing director

Moore appointed by Oakwood as managing director

Ken Moore has been appointed by Oakwood to the role of managing director for Europe, the Middle East and Africa. Moore will lead Oakwood's efforts to scale EMEA operations to... Read more ...

Sabre appoints Richard Addey as Managing Director for UK, Ireland and Benelux

Sabre appoints Richard Addey as Managing Director for UK, Ireland and Benelux

Sabre Corporation, the leading technology provider to the global travel industry, has appointed Richard Addey to lead its Travel Network business in the UK, Ireland and... Read more ...

Lufthansa Group Airlines welcome around 10.6 million passengers on board in...

Lufthansa Group Airlines welcome around 10.6 million passengers on board in November 2018

In November 2018, the airlines of the Lufthansa Group welcomed around 10.6 million passengers. Despite a strong basis for comparison from the previous year, this corresponds to... Read more ...

Now It's Getting Cancelled, Is The 2019 Chevrolet Volt Still A Good Buy?

Now It's Getting Cancelled, Is The 2019 Chevrolet Volt Still A Good Buy?

Last month, General Motors announced it would be ending production of many models in 2019 - including its Volt range-extended electric car. In production since 2010 (2016 for... Read more ...