Women

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

9 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...
Read more ...

 

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 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...
Read more ...

 

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 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...
Read more ...

 


Search by Tags

   Women      Car      Business      Cars      BITranspo      Tesla      LinkedIn      Instagram      TSLA      MSFT      Chart Of The Day      BI Graphics      Model 3      Layoffs      Elon Musk      Currency      Food      Tesla Motors      Stock      Culture      Future of transportation  


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 ...

Abu Dhabi Airports extends City Check-In facilities to Indigo

Abu Dhabi Airports extends City Check-In facilities to Indigo

Part of its drive to continuously enhance customer experience, Abu Dhabi Airports announced extending City Check-In facilities to Indigo, India's largest airline. This new... Read more ...

Important places globally threatened by tourism

Important places globally threatened by tourism

Traveling around the world makes people happy, generating more jobs. However, tourism also can also have a negative impact on a destination's environment and the quality of... Read more ...

Sussex and South London Rail Passengers Urged To Plan Ahead This Easter

Sussex and South London Rail Passengers Urged To Plan Ahead This Easter

The programme of work is part of Network Rail's railway upgrade plan - a multi-billion-pound investment in the rail network which will improve passenger journeys in the months... Read more ...

Hamilton Airport's hotel to get $5 million restoration

Hamilton Airport's hotel to get $5 million restoration

The hotel of Hamilton airport is to get $5 million restoration by the end of this year. It has been leased to the North Island hotel operator Jet Park. This 62-room hotel was... Read more ...

Marriott International Announces Three-Year Growth Plan

Marriott International Announces Three-Year Growth Plan

Marriott International today will present the company's three-year growth plan, which includes opening more than 1,700 hotels around the world, at its meeting with... Read more ...

Air New Zealand Update on Christchurch Services

Air New Zealand Update on Christchurch Services

The airline has seen a huge increase in demand for travel to and from Christchurch over the past 24 hours and flights have been generally operating at or near... Read more ...

Jet Airways cancels all flights from Abu Dhabi Airport

Jet Airways cancels all flights from Abu Dhabi Airport

Due to operational reasons the Jet Airways has grounded its operations at Abu Dhabi Airport which will commence from Monday for an indefinite period. The Europe gateway for the... Read more ...

Abu Dhabi Airports extends City Check-In facilities to Indigo

Abu Dhabi Airports extends City Check-In facilities to Indigo

Part of its drive to continuously enhance customer experience, Abu Dhabi Airports announced extending City Check-In facilities to Indigo, India's largest airline. This new... Read more ...

Vaughn Gittin Jr Celebrates St. Patrick's Day With An Impressive Clover Leaf...

Vaughn Gittin Jr Celebrates St. Patrick's Day With An Impressive Clover Leaf Drift

A small section of Interstate 820, a loop around Ft. Worth, Texas, was closed down for this stunt, and to all of the people inconvenienced in the middle of the night I'm sorry... Read more ...

Four Seasons Hotel New York Downtown Launches Sleep Well, Live Well Experience

Four Seasons Hotel New York Downtown Launches Sleep Well, Live Well Experience

In celebration of National Sleep Awareness Week, Four Seasons Hotel New York Downtown today launches the Sleep Well, Live Well experience, designed around the search for and... Read more ...