Women

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

11 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

11 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

11 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  


Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

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 ...

The tourism industry of Game of Thrones will exist on far past the series' end

The tourism industry of Game of Thrones will exist on far past the series' end

“All men must die,” as the show's mantra goes, however the tourism industry of Game of Thrones will exist on far past the series' end. The popular show over its eight-season... Read more ...

Jamaica to host 65th UNWTO Regional Commission for the Americas meeting

Jamaica to host 65th UNWTO Regional Commission for the Americas meeting

The 65th UNWTO Regional Commission for the Americas meeting will be held in Jamaica. This was revealed during the recently held 64th meeting held in Guatemala from 15 to 16... Read more ...

The Best Tour Companies in Europe in 2019

The Best Tour Companies in Europe in 2019

Posted : 05/18/2019 | May 18th, 2019 Europe is one of the most popular destinations in the world. While I love solo travel as much as the next person - and think Europe is one... Read more ...

Vietnam's Bamboo Airways plans to operate Taiwan-Ha Long Bay direct flight

Vietnam's Bamboo Airways plans to operate Taiwan-Ha Long Bay direct flight

It was announced by the country's fifth airline that it has plans of boosting tourists from from Taoyuan International Airport in Taiwan to the UNESCO heritage site of Ha Long Bay. Read more ...

Backwater tourism picking up in Alappuzha

Backwater tourism picking up in Alappuzha

Kerala, known as “God's Own Country” attracts tourists from all over the world. The state, among other attractions, is famous for its backwaters. Read more ...

Guilin witnessed a 32.58 per cent increase in tourists

Guilin witnessed a 32.58 per cent increase in tourists

The local government on Friday announced that more than 100 million people visited Guilin, a showing a year-on-year increase of 32.58 percent. The number of tourists to the... Read more ...

France welcomed 89.4 million tourists in 2018; tourist spending was €56.2...

France welcomed 89.4 million tourists in 2018; tourist spending was €56.2 billion

France welcomed a total of 89.4 million visitors which is a rise of three per cent from that of 2017. It is now targeting 100 million foreign tourists for 2020. Government's... Read more ...

REI's biggest sale of the year just started - here are 20 of the best deals...

REI's biggest sale of the year just started - here are 20 of the best deals you can find

Insider Picks writes about products and services to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through... Read more ...

4 killed as small aircraft crashes near Dubai international airport

4 killed as small aircraft crashes near Dubai international airport

A small aircraft involved in a runway upgrade at Dubai International Airport crashed Thursday night, killing four people and halting traffic at the world's busiest airport for... Read more ...

Hyatt Expected to Double Canada Brand Presence by 2022

Hyatt Expected to Double Canada Brand Presence by 2022

Hyatt Hotels Corporation today announced that more than 20 new hotels are expected to open in Canada by the end of 2022, driving the global hospitality brand's growth in the... Read more ...