Editor's note: This story initially reported that Tesla was laying off 50 employees. Instead, Trigo, a third-party contractor who licenses employees to Tesla, is instituting layoffs. A third-party ...

A Tesla Inc. subcontractor providing inspection and sorting services at the EV maker’s plant in Austin is laying off 50 ... the automaker laid off nearly 2,700 employees from its factory in ...

But here's what gets me: Many of these companies are reporting record profits while still laying people off. It's all about protecting those profit margins and keeping shareholders happy." ...