Women

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

4 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

4 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

4 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 ...

Saudi Arabia using the 'oil weapon option' could cause prices to soar to $150

Saudi Arabia using the 'oil weapon option' could cause prices to soar to $150

AP Photo/Anis Belghoul There is increasing evidence Saudi Arabia was behind the disappearance of Jamal Khashoggi, a US resident who has been a critic of the crown prince. After... Read more ...

Wedding Reception, Quilts, And Penny Needs a Haircut

Wedding Reception, Quilts, And Penny Needs a Haircut

Riverton, Utah High 95 Low 65 The weather today was just a little cooler and a lot of the smoke seems to be gone but it is still a little hazy. Yesterday we went to my oldest... Read more ...

Spotlight on Ireland at travel fair in Rimini

Spotlight on Ireland at travel fair in Rimini

The island of Ireland was promoted by Tourism Ireland to thousands of Italian travel professionals attending the annual TTG Incontri travel fair in Rimini. Six Irish and... Read more ...

A few pictures of the fire damage at Mittry Lake

A few pictures of the fire damage at Mittry Lake

When I wrote the last blog I couldn't find all the pictures I took of the fire at Mittry Lake, I still can't upload pictures in Windows 10...last I checked blogger wouldn't... Read more ...

Even if Saudi Arabia is behind Jamal Khashoggi's murder, experts say...

Even if Saudi Arabia is behind Jamal Khashoggi's murder, experts say sanctions against Riyadh could backfire

Mark Wilson/Getty Images Saudi Arabia is reportedly preparing to admit that Jamal Khashoggi, a journalist and prominent Saudi critic who disappeared on October 2, was killed as... Read more ...

Driving a Right-Hand-Drive Car on the Left Side of the Road Is Fun as Hell

Driving a Right-Hand-Drive Car on the Left Side of the Road Is Fun as Hell

I recently got back from a weeklong vacation in Ireland, where I had my first experience in a right-hand-drive car, and had to cruise around the countryside on the left side of... Read more ...

People Are Already Worried About the GT1 Comeback Getting Too Expensive

People Are Already Worried About the GT1 Comeback Getting Too Expensive

The FIA's 2020 Hypercar Class , bringing homologation prototypes back to Le Mans, just got a new set of changes. The main focus is that everyone is already trying to fight what... Read more ...

When You Drive a $2.5 Million Koenigsegg Agera RS, You Rethink the Meaning...

When You Drive a $2.5 Million Koenigsegg Agera RS, You Rethink the Meaning of ‘Fast'

We have a running theory about Christian von Koenigsegg, the genius founder of Swedish hypercar company Koenigsegg, that basically states he's actually from the future. He's... Read more ...

Health officials warn that a rare polio-like disease affecting children...

Health officials warn that a rare polio-like disease affecting children continues to spread, growing to a suspected 127 cases in 22 states

WSB-TV Acute Flaccid Myelitis, a polio-like illness affecting mostly young children, is spreading across the US. Officials at the Centers for Disease Control said Tuesday the... Read more ...

Prince Harry and Meghan Markle shared an umbrella in the rain, and the...

Prince Harry and Meghan Markle shared an umbrella in the rain, and the photos will melt your heart

Ian Vogler/Pool via AP Prince Harry and Meghan Markle engaged in some PDA on the second day of their ongoing royal tour. On Wednesday, the duke and duchess attended a community... Read more ...