Women

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

5 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

5 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

5 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 ...

Festive Season at Four Seasons Hotel Moscow

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Festive season is time of magic when the whole city turns into a true fairytale. In December Moscow becomes magnificent: stunning bright lights, lovely festive decorations... Read more ...

A group of young entrepreneurs in Bulawayo introduces tourism company

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Spirit AeroSystems Charity Golf Classic Awards $465,000 in Grants to...

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Spirit AeroSystems announced today that 28 grants from the Spirit AeroSystems Charity Golf Classic will contribute $465,000 to nonprofit organizations in Kansas, Oklahoma and... Read more ...

Savannah expects to welcome 14 million visitors generating billions of...

Savannah expects to welcome 14 million visitors generating billions of dollars for local tourism

The tourism in Savannah sees record surge and the tourism organization is expecting another 14 million visitors by year-end - generating billions of dollars for local businesses. Read more ...

UAE tourism gets a major push from the Indian tourists, perking up its hotel...

UAE tourism gets a major push from the Indian tourists, perking up its hotel industry

Indian is encouraged by its pace-setting 7% GDP growth. Currently, it's one of the highest growing outbound travel market in the world, second to China, said the Colliers... Read more ...

Myrtle Beach, SC's Top Airline Expands with More Nonstop Routes

Myrtle Beach, SC's Top Airline Expands with More Nonstop Routes

Myrtle Beach's most traveled airline is growing again as Spirit Airlines adds three new nonstop routes! Beginning May 2, 2019, Spirit will add nonstop flights connecting Myrtle... Read more ...

European Waterways: New Wine Cruises in Italy Aboard Hotel Barge at 10% Off

European Waterways: New Wine Cruises in Italy Aboard Hotel Barge at 10% Off

Italy is a major exporter of wine, with a heritage dating back more than 2,000 years to Roman times. It is the perfect setting for European Waterways' new wine appreciation... Read more ...

Pilgrims and Asian tourists boost Holy Land tourism

Pilgrims and Asian tourists boost Holy Land tourism

Israel expects over 4 million visitors in 2018 - a 14 per cent rise from last year. The unexpected levels is due to visitors from China, South Korea and India. Sobhy Makhoul... Read more ...

Best UK Hotels to Celebrate New Year 2019

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Deciding how and where to celebrate New Year's Eve can be a fraught and frustrating process. Someone's perfect evening can range from peace and quiet sitting by the fire to an... Read more ...

United Airlines to add new flights to Melbourne - San Francisco route

United Airlines to add new flights to Melbourne - San Francisco route

United Airlines will start new flight from Melbourne to San Francisco in 2019. The new service will operate on a Boeing 787-9 Dreamliner and will begin from October, 29, 2019... Read more ...