Women

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

9 days 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

9 days 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

9 days 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 ...

This affordable swimsuit company fits their designs on their employees...

This affordable swimsuit company fits their designs on their employees instead of fit models - 5 of us tried them and they fit each of us incredibly well

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. Most swimwear... Read more ...

The surprising Sixers-Suns trade during the draft comes back to a deal made...

The surprising Sixers-Suns trade during the draft comes back to a deal made 3 years ago and shows the hilarious circular nature of the NBA

Kevin Hagen/AP The Philadelphia 76ers and Phoenix Suns agreed to a trade on Thursday during the draft, with the 76ers sending 10th overall pick Mikal Bridges to the Suns for... Read more ...

The best airplane seat for every possible travel need

The best airplane seat for every possible travel need

IPGGutenbergUKLtd/ iStock Everyone has their go-to spot on an airplane, which can actually say a lot about a person's personality . If you're hoping to get some rest on your... Read more ...

President Trump said a murder victim looked like 'Tom Selleck, except better...

President Trump said a murder victim looked like 'Tom Selleck, except better looking' at an immigration event

Fox News/YouTube President Donald Trump held an event on Friday honoring people murdered by undocumented immigrants. The event was meant to emphasize crimes committed by... Read more ...

What it's like to eat at the best restaurant in the world

What it's like to eat at the best restaurant in the world

Foodie Stories by Anders Husa/YouTube The winners of the annual World's 50 Best Restaurants awards were announced on Tuesday, and Osteria Francescana came out on top for the... Read more ...

Disney just gave us a first look at the new 'Toy Story Land' at night - and...

Disney just gave us a first look at the new 'Toy Story Land' at night - and we're booking our vacation ASAP

Disney The grand opening of "Toy Story Land" at Disney's Hollywood Studios in Orlando, Florida is about a week away. While most of the details have been kept under wraps, we... Read more ...

The best eco-friendly mineral sunscreen you can buy

The best eco-friendly mineral sunscreen you can buy

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. The Insider... Read more ...

Odisha sets up single-window clearance panel for tourism projects

Odisha sets up single-window clearance panel for tourism projects

Tourism minister Ashok Chandra Panda said on Thursday, the Odisha state government has put in place a special single-widow clearance committee to expedite clearance of... Read more ...

One of America's most powerful female executives controls a $30 billion...

One of America's most powerful female executives controls a $30 billion media empire - and she still faces surprising harassment in the workplace

Getty Shari Redstone is one of the most prominent female media executives in America. She still faces surprising misogyny and harassment in the workplace, according to a new... Read more ...

Over a million space rocks could strike Earth with more energy than a...

Over a million space rocks could strike Earth with more energy than a nuclear bomb, and we don't know where most of them are

REUTERS/NASA/Handout NASA wants to find killer asteroids before they smack into the planet. There are over a million potentially city-killing asteroids lurking beyond the edges... Read more ...