Women

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

2 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

2 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

2 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 ...

Apple's Refurbished Mac Store is its best-kept secret where you can buy...

Apple's Refurbished Mac Store is its best-kept secret where you can buy devices in perfect condition with a nice little discount - here are the best deals

Antonio Villas-Boas/Business Insider Apple has a web store that's hard to find on its main website called the " Refurbished Mac Store ." It's a place where Apple sells almost... Read more ...

Four Seasons Hotel Bengaluru appoints Fredrik Blomqvist as General Manager

Four Seasons Hotel Bengaluru appoints Fredrik Blomqvist as General Manager

Fredrik Blomqvist is the General Manager of Four Seasons Hotel Bengaluru scheduled to open in the ‘Silicon Valley of India' in the latter part of 2018. Read more ...

This new $170 Keurig is the company's most modern coffee maker yet - with a...

This new $170 Keurig is the company's most modern coffee maker yet - with a setting for iced coffee

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Amazon Keurig... Read more ...

Xiamen Air plane skids off Philippine runway, disrupting flights

Xiamen Air plane skids off Philippine runway, disrupting flights

Thousands of air travelers faced delays on Friday after a Chinese airliner skidded off the runway at the airport in the Philippine capital, disrupting more than 200 flights as... Read more ...

British Airways declares mid-air emergency, returns to Gatwick

British Airways declares mid-air emergency, returns to Gatwick

An aircraft of British Airways that had been heading to Ibiza has had to fly back to Gatwick Airport following a mid-air emergency. Flight BA2724 was due to depart this morning... Read more ...

A Tavern by Michael Mina at Four Seasons Hotel Baltimore

A Tavern by Michael Mina at Four Seasons Hotel Baltimore

Wit & Wisdom, A Tavern by Michael Mina at Four Seasons Hotel Baltimore, announced the return of the Kitchen Table Series, an intimate dining experience at the chef's table... Read more ...

Four Seasons Resort Langkawi Welcomes Executive Chef Sandeep Bhagwat

Four Seasons Resort Langkawi Welcomes Executive Chef Sandeep Bhagwat

Four Seasons Resort Langkawi announces the appointment of Sandeep Bhagwat as the Rresort's new Executive Chef. An accomplished chef, he brings a fresh gastronomic perspective... Read more ...

Priyanka Chopra officially announces engagement to Nick Jonas: 'Taken with...

Priyanka Chopra officially announces engagement to Nick Jonas: 'Taken with all my heart and soul'

Mike Coppola/Getty Images for People.com Nick Jonas and Priyanka Chopra are officially engaged. After months of reports on their relationship , the two stars confirmed the news... Read more ...

The 50 most livable cities in the world in 2018

The 50 most livable cities in the world in 2018

Time Out The Economist Intelligence Unit released its annual Global Livability Index, measuring the most livable cities in the world. For the first time in eight years... Read more ...

Anker's Sharpest and Brightest Portable Projectors Have Massive Discounts...

Anker's Sharpest and Brightest Portable Projectors Have Massive Discounts For One Day Only

Anker's Nebula Capsule mini projector gets all the hype , but if its standard definition resolution and 100 lumen brightness won't cut it for your portable cinema needs, the... Read more ...