Tag: job cuts
Ford announces layoffs as part of its shift to EVs
Ford has begun notifying certain salaried and agency workers of layoffs this week, according to an internal email sent to its employees.
Ford has been...
Tesla CEO Elon Musk shares more details about job cuts amid...
After former Tesla workers filed a lawsuit claiming the EV maker violated U.S. labor regulations, Elon Musk has made some clarifications as to how...
Tesla cuts 10% of workforce and cancels hiring events
The global economy and steadily rising inflation are proving to be harmful to everyone, including the CEO of Tesla, Elon Musk. In fact, this...
CBT Automotive Newscast: August 17, 2020
Today's Featured Interview:
CBT News Market Update: Zo Rahim, Cox Automotive & Jonas Moskowitz, LotLinx
On this week's episode of the CBT News Market Update, new...
Uber Slashes Jobs Yet Again: What it Means
Just like most businesses, Uber has taken a huge hit in the midst of the novel coronavirus. The rideshare giant has announced it will...
Tesla’s Latest Move: Cutting 7% of Its Workforce
Elon Musk and Tesla are making headlines yet again with Musk recently sending a letter to employees notifying them that their jobs might be...