Women

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

4 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

4 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

4 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 ...

Here's how Meghan Markle and Prince Harry's royal baby will fit into the...

Here's how Meghan Markle and Prince Harry's royal baby will fit into the family tree

Chris Jackson/Getty Images Meghan Markle is pregnant, Kensington Palace announced on Monday, and will give birth next year. Here is how her baby with Prince Harry will fit into... Read more ...

Monday's Best Deals: Halloween Costumes, Sonos Play:1, LEGO Apollo, Akira...

Monday's Best Deals: Halloween Costumes, Sonos Play:1, LEGO Apollo, Akira, and More

Halloween costumes , LEGO's incredible Apollo kit , and refurbished Sonos speakers lead off Monday's best deals from around the web. Read more ...

Be the First Man With LEGO's 1,969 Piece Saturn V Apollo Kit, Now $15 Off

Be the First Man With LEGO's 1,969 Piece Saturn V Apollo Kit, Now $15 Off

LEGO's 1969 piece Saturn V Apollo kit is usually out of stock at major retailers, but Amazon actually has it on sale for $105 right now, or $15 off its MSRP right now. That's a... Read more ...

Fabris joins Jumby Bay Island, Antigua

Fabris joins Jumby Bay Island, Antigua

Sandro Fabris will join Oetker Collection's Jumby Bay Island as its new managing director. He has earlier worked with prestigious hotel groups throughout the world and will... Read more ...

Get a Grip On Amazon's One-Day Yost Vise Sale

Get a Grip On Amazon's One-Day Yost Vise Sale

Amazon's squeezing prices today with their Yost vise Gold Box deals. Inside, you'll find both bench vises and smaller, portable clamps marked down to great low prices. Even if... Read more ...

Your Dining Guide to Southwest Virginia, Part 2

Your Dining Guide to Southwest Virginia, Part 2

When traveling through Southwest Virginia , you can't help but be in awe of the picturesque landscape of the mountainous region, but in addition to being a stunningly beautiful... Read more ...

Dig into Archaeology Month in Virginia

Dig into Archaeology Month in Virginia

**Co-Authored with David Rotenizer, Franklin County Office of Economic Development - Tourism** Every October, Virginia celebrates archaeology at libraries, museums, historical... Read more ...

Film Festivals In Virginia This Fall

Film Festivals In Virginia This Fall

A wide variety of film festivals are taking place across the state this fall. From screenings of Academy Award contenders and conversations with world-renowned filmmakers to... Read more ...

This Is One of the Most Disgusting Car Interiors You'll Ever See So You've...

This Is One of the Most Disgusting Car Interiors You'll Ever See So You've Been Warned

One of our dashing readers emailed us just now with a question I'm not really sure I'm seeking an answer to: “Want to know just how truly disgusting people are?” our reader... Read more ...

Meh Car Monday: You Can Actually Still Buy a Lincoln MKT But You Won't...

Meh Car Monday: You Can Actually Still Buy a Lincoln MKT But You Won't Because Nobody Bothers

Being a writer in this glorious modern age is fascinating. On one hand, it means every little mistake you make is immediately found and people all over the world get to call... Read more ...