Women

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

8 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

8 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

8 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 ...

Group of Daytona 500 Contenders Goes Spinning in Chaotic Crash Down Pit Road

Group of Daytona 500 Contenders Goes Spinning in Chaotic Crash Down Pit Road

There are a few tricky aspects to racing in what have historically been known as restrictor-plate races in NASCAR , like tandem drafting, running in three-wide packs and... Read more ...

Here's what we know about Gary Martin, suspected of killing 5 civilians and...

Here's what we know about Gary Martin, suspected of killing 5 civilians and injuring 5 police officers in Aurora

CBS Chicago/LinkedIn The suspected gunman from the shooting at an manufacturing plant in Aurora, Illinois, on Friday afternoon has been identified as Gary Martin, a 45-year-old... Read more ...

Denny Hamlin Plays the Ultimate Game of Defense to Win the 2019 Daytona 500 

Denny Hamlin Plays the Ultimate Game of Defense to Win the 2019 Daytona 500 

Because it almost never works out, most NASCAR drivers don't want to be the leader going into the final lap in a race at Daytona International Speedway. But Denny Hamlin led... Read more ...

Replace Your Dual Monitors With This HDR Ultrawide, Now Just $200

Replace Your Dual Monitors With This HDR Ultrawide, Now Just $200

Can an ultrawide monitor replace your dual monitor setup? It depends on what you're trying to do , but the short answer is “probably.” Read more ...

Pictured: Me on my way to Radwood Austin next Saturday

Pictured: Me on my way to Radwood Austin next Saturday

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Corey LaJoie Faces the Music

Corey LaJoie Faces the Music

NASCAR driver Corey LaJoie, who entered this year's Daytona 500 with a team called Go Fas Racing and a car that looks suspiciously like himself , blew a tire a few handfuls of... Read more ...

Your Ridiculously Awesome BMW 1-Series Wallpaper Is Here

Your Ridiculously Awesome BMW 1-Series Wallpaper Is Here

The BMW 128i doesn't really get a lot of love these days, but it was a pretty decent car when it arrived. While it is considered BMW's compact car, it shares most of its... Read more ...

How Can We Lower The Carbon Footprint Of The Food, Goods We Consume?

How Can We Lower The Carbon Footprint Of The Food, Goods We Consume?

For today's Sunday Musing, we're focusing on the topic of the carbon footprint of the goods that we consumer that travel a long way around the world. How can we clean up the... Read more ...

Sunday's Best Deals: LEGO Star Wars Sets, Gloomhaven, Kindle eBooks...

Sunday's Best Deals: LEGO Star Wars Sets, Gloomhaven, Kindle eBooks, Furniture, and More

An LG Ultra-wide Monitor , a Star Wars Art Book , and a Woot T-Shirt Sale lead off Sunday's best deals. Read more ...

Buick Is Running Out Of Cars And May Reach To China For New Models: Report

Buick Is Running Out Of Cars And May Reach To China For New Models: Report

Following yesterday's confirmation that the Opel-based Buick Cascada would exit production , and the plant that produces the LaCrosse closing , Buick is down to only the... Read more ...