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Tesla Announces Layoffs of Over 10% of Global Workforce amid Growth Slowdown

Elon Musk’s Tesla has announced significant reductions in its workforce worldwide, with more than 10% of its workforce affected by layoffs. Electrek report Tesla CEO Elon Musk announced in a company-wide email that the company has decided to reduce its workforce by more than 10 percent worldwide. The move comes as Tesla seeks to streamline […]

Netflix Announces Layoffs in Films Division

Streaming giant Netflix is ​​reportedly reorganizing its movie division, and has announced that it will lay off 15 employees in the early stages. The company did not reveal the identities of those fired, but said the restructuring was being carried out by new film studio chief Dan Lin. deadline. Deadline added that 15 or more […]

Job Market Continues Hot Streak Despite Persistent Layoffs

US adds 303,000 people Nonfarm payrolls decreased in March as the unemployment rate fell to 3.8%, according to Bureau of Labor Statistics (BLS) data released Friday. Economists had expected 200,000 jobs to be added in March, compared with the 275,000 jobs added in their initial forecast for February, and the unemployment rate to remain unchanged […]

Layoffs surged in February to highest level since 2009 — and AI is a big reason

The pace of job cuts by U.S. employers accelerated in February, a sign that the labor market is beginning to deteriorate in the face of ongoing inflation and high interest rates. That’s according to a new report released Thursday by Challenger, Gray & Christmas, which found that companies plan to cut 84,638 jobs in February, […]

Layoffs surged in February to highest level since 2009

Former World Bank President David Malpass claims there is an “opportunity” for the Federal Reserve to consider cutting interest rates “in the morning with Maria”. of pace of work Layoffs by U.S. employers accelerated in February, a sign that the labor market is starting to deteriorate in the face of ongoing inflation and high interest […]

HART: Trainwrecks! Embryos! Moonshot! Layoffs! — The News Stops For No One

With all the news going around these days, here’s a quick summary of what you might have missed. The Alabama Supreme Court, like the Baptist Convention of Preachers Subcommittee appointed to crack down on dirty dancing among young people, has decided that unused IVF eggs should be treated as human beings. I put it down. […]

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