Women

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

4 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

4 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

4 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 ...

The 10 Best Deals of October 17, 2018

The 10 Best Deals of October 17, 2018

We see a lot of deals around the web over on Kinja Deals , but these were our ten favorites today. Read more ...

Trimet Parkrose/Sumner Transit Station - The good, bad and ugly

Trimet Parkrose/Sumner Transit Station - The good, bad and ugly

During my recent trip to the Portland International Airport for a trip to Los Angles, I took pictures of the three Red Line stations that only serve the Red Line to the... Read more ...

Neighborhood Legend: Give Away 30 Full Sized Candy Bars This Halloween For $14

Neighborhood Legend: Give Away 30 Full Sized Candy Bars This Halloween For $14

This deal isn't some bag of fun size chocolate. These are full sized candy bars. The good stuff. The Halloween giveaway that was foretold. The candy that trick-or-treaters in... Read more ...

Prince Harry and Meghan Markle shared an umbrella in the rain, and the...

Prince Harry and Meghan Markle shared an umbrella in the rain, and the photos will melt your heart

Ian Vogler/Pool via AP Prince Harry and Meghan Markle engaged in some PDA on the second day of their ongoing royal tour. On Wednesday, the duke and duchess attended a community... Read more ...

13 Travel Books That Will Give You Serious Wanderlust

13 Travel Books That Will Give You Serious Wanderlust

Updated: 10/16/2018 | October 16th, 2018 The end of the year is just that time for favorites lists - and I've written about the best travel books many times over! I love... Read more ...

'Guilty until proven innocent': Trump compares global pushback against Saudi...

'Guilty until proven innocent': Trump compares global pushback against Saudi Arabia over Jamal Khashoggi's disappearance to Brett Kavanaugh's confirmation hearings

REUTERS/Jonathan Ernst US President Donald Trump compared mounting criticism over Saudi Arabia's handling of the disappearance of journalist Jamal Khashoggi to allegations of... Read more ...

Canadian travel professionals explore Ireland

Canadian travel professionals explore Ireland

A group of Canadian travel agents has been exploring the island of Ireland this week - as guests of Tourism Ireland, Fáilte Ireland, Tourism NI and Air Canada. The travel... Read more ...

Japanese Cities Of Tokyo, Kyoto And Osaka Recognized With Conde Nast 2018...

Japanese Cities Of Tokyo, Kyoto And Osaka Recognized With Conde Nast 2018 Readers' Choice Award

Condé Nast Traveler magazine announced the results of its 31st annual Readers' Choice Awards, including “The Best Cities in the World: Best Big Cities” list, featuring the... Read more ...

Malaysia Airlines' Delights First-time Fliers to Langkawi

Malaysia Airlines' Delights First-time Fliers to Langkawi

Malaysia Airlines made the first-time experience of flying on an airplane more memorable for 40 teachers and students from SK LKTP Tenggaroh Selatan, Kota Tinggi, Johor with a... Read more ...

Singapore Airlines Launches World's Longest Flight

Singapore Airlines Launches World's Longest Flight

Singapore Airlines has launched the world's longest commercial flight, between Singapore and New York. Read more ...