Women

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

7 monthes ago   |   By

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

7 monthes ago   |   By

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

7 monthes ago   |   By

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  


Experience the magical ambience of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Experience the magical ambiance of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Experience the magical ambiance of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Thompson Okanagan Tourism Association is a finalist in the 15th United...

Thompson Okanagan Tourism Association is a finalist in the 15th United Nations World Tourism Awards

Last year was a good one for the Thompson Okanagan Tourism Association. The tourism association is a finalist in the 15th United Nations World Tourism Awards, which are... Read more ...

Pat Phillip-Fairn will soon leave Bermuda Tourism Authority

Pat Phillip-Fairn will soon leave Bermuda Tourism Authority

In 2019, Pat Phillip-Fairn, chief product and experiences development officer at the Bermuda Tourism Authority, will depart from her role from the organization on April 30... Read more ...

WTTC reveals most sustainable and progressive travel organizations globally

WTTC reveals most sustainable and progressive travel organizations globally

The WTTC has revealed the most sustainable and progressive travel organizations in the world. The organizations today announced the finalists in the 2019 Tourism for Tomorrow... Read more ...

Here's Every Fake Vent on the 2020 Toyota Supra

Here's Every Fake Vent on the 2020 Toyota Supra

Have we mentioned that there's a new Toyota Supra out on this site yet? I don't think so, but I think maybe we should have some content about the car, right? With that in mind... Read more ...

All the Off-Road Ford Rangers at the Detroit Auto Show That Aren't the Damn...

All the Off-Road Ford Rangers at the Detroit Auto Show That Aren't the Damn Raptor

Ford had a handful of examples of the new Ranger pickup on the floor at the Detroit Auto Show Monday, many of which were sporting a ton of trail-friendly gear looking. But, for... Read more ...

Everyone's favorite flip phone from the early 2000s is getting 2019 makeover...

Everyone's favorite flip phone from the early 2000s is getting 2019 makeover - a foldable display

YouTube/PhoneDog Lenovo is reportedly planning to release a new Motorola Razr phone with a foldable display in February 2019. The new Motorola Razr will cost around... Read more ...

Nationwide Sleepout To Raise Plight Of Thousands Of Runaway Children

Nationwide Sleepout To Raise Plight Of Thousands Of Runaway Children

A nationwide sleepout in major railway stations in four of Britain's biggest cities is taking place to help vulnerable children who run away from home. Read more ...

Top 100 Hotels 2019 by Elite Traveler Revealed

Top 100 Hotels 2019 by Elite Traveler Revealed

Elite Traveler is pleased to announce the official Top 100 Hotels 2019 list, featuring the best of the best in luxury resorts from across the globe. For the third edition, the... Read more ...

Allegiant Airlines to add new base in Grand Rapids

Allegiant Airlines to add new base in Grand Rapids

Allegiant Air will open a new aircraft base in Grand Rapids in June, as it also continues to assess adding long-anticipated international service to its network. Read more ...

Moxy Hotels Expands in the Southeastern U.S. with Six Bold New Expected Openings

Moxy Hotels Expands in the Southeastern U.S. with Six Bold New Expected Openings

Moxy Hotels, Marriott International's experiential hotel brand, is expanding in the Southeastern U.S. with the recent opening of Moxy Chattanooga Downtown and the anticipated... Read more ...