Workforce development data sharing must ‘adapt or die’
(The Center Square) — State agencies across the commonwealth gather data on jobs, employment, and the economy — but they struggle to share it, hamstringing how useful it is. Legislators have taken notice and are looking to compel some digital cooperation. Senate Bill 761, introduced by Sen. Camera Bartolotta, R-Washington, would require the Department of […]
Tesla to slash global workforce by more than 10% as sales drop
Tesla has cut more than 10% of its global workforce. CEO Elon Musk called the move a “difficult decision” for the company, which is grappling with declining sales as electric vehicle price competition intensifies. The layoffs, announced Monday in an internal memo to Tesla’s roughly 140,000 employees worldwide, could reach as much as 20% in […]
Tesla cutting 10 percent of workforce
Tesla plans to cut more than 10% of its global workforce, CEO Elon Musk said in a memo to employees on Monday. “Over the years, we have expanded rapidly with multiple factories around the world,” Musk said in the memo. Obtained by CNBC. “This rapid growth has led to duplication of roles and duties in […]
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 […]
Tesla to lay off more than 10% of workforce, report says
Former Tesla director Steve Westley joins Barney & Company. We analyze automakers’ first quarter delivery reports and their potential impact on the stock market. Tesla is preparing to lay off more than 10% of its global workforce due to a slowdown in deliveries in the first quarter and increased competition in the electric vehicle (EV) […]
Blinken appoints new chief diversity and inclusion officer to build ‘workforce that reflects America’
The State Department has named a new chief diversity and inclusion officer just months after defending Secretary of State Antony Blinken’s memo that asked staff to avoid sexist terms like “mother” and “workforce.” was appointed. Blinken announced on Tuesday Zakiyah Kerr Johnson, who worked at the State Department from 2010 to 2017, took on the […]
Sam Bankman-Fried’s FTX workforce struggling to move on after firm’s downfall: report
Some former staffers at Sam Bankman Fried’s now-bankrupt FTX are reportedly struggling to find work again and battling depression since the cryptocurrency exchange’s stunning collapse. . According to the Wall Street Journal, Natalie Tien, who headed FTX’s public affairs and was also an executive assistant to Bankman Fried, has at least $500,000 of personal investments […]
More EV Fail as Ford ‘Drastically Cuts’ Detroit Workforce
“Following weak sales of electric vehicles, Ford will significantly reduce the number of hourly workers at the factory that makes the Ford F-150 Lightning,” local media reported. “EV sales are growing in the United States, but…” report It added: “The pace is well below the industry’s ambitious schedule, and many consumers are turning to hybrid […]
Bumble reducing its workforce by 37%
Check out what’s being clicked on FoxBusiness.com Bumble is giving 350 employees the ax to grind. The job cuts announced Tuesday are aimed at “improving coordination.” [Bumble’s] “We aim to build an operating model with future strategic priorities and drive stronger operating leverage,” the dating app company said in a press release accompanying its fourth […]
Bumble laying off 350 workers, 30% of dating app’s workforce
Bumble on Tuesday announced plans to lay off 350 employees and reduce its workforce by 30% as part of a major restructuring plan. The dating app’s horizontal hiring is characterized by the fact that only women can initiate chats with male suitors, but the CEO, who took over in January after previously serving as CEO […]