By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of ...
The drive to electrify personal cars in California has, at best, hit a rough patch. The big question is whether current ...
Tesla management told employees Monday that the recent layoffs -- which gutted some departments by 20% and even hit high ...
Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers ... persisted for at least a year. The company delivered ...
As it plans a massive expansion in Holly Springs, Fujifilm Diosynth Biotechnologies is cutting dozens of jobs in Research Triangle Park.
Despite pushback, layoffs are coming to the Ann Arbor Public Schools district in an attempt to balance a $25 million budget ...
A separate report from global outplacement firm Challenger, Gray & Christmas on Thursday showed layoffs announced by U.S.-based employers jumped 57% to 32,517 in June, the highest since February 2021.
Tesla stock closed down 5.6% on Monday to hit its lowest closing level in nearly a year. For Tesla, the layoffs come following ... complained in the past that high rates and higher overall prices ...
But the drive to electric vehicles has, at best, hit ... 2.6% year over year for the first quarter of 2024, while EV market share against gasoline cars declined, to 7.3%, from 2023’s 7.6% record ...
In an earnings call that month, the bank said that layoffs could save the company up to $2.5 billion after it suffered a "very disappointing" final quarter last year. Amazon-owned Twitch also ...