Tesla To Cut 693 Jobs In Nevada Amid Global Workforce Reduction: Government Notice
Benzinga - 2024-04-27T04:01:52.000Z

Tesla Inc. is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company. read more

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Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce.are car giants ready to slam the brakes on electric revolution?
In the first quarter of 2024, the two biggest manufacturers of electronic vehicles, Tesla and its Chinese rival BYD reports dramatic sales drops compared against the same time last year.
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- 2024-04-16T17:51:17.000Z
Take-Two Interactive cuts 5% of workforce, shutters projects amid cost-cutting measures
An SEC filing made by Take-Two reveals that it expects the cost-cutting efforts, which it calls "rationalizing its pipeline" and "streamlining its organizational structure," to incur costs of up to $200 million, including $35 million from employee-related costs and $140 million from canceled projects. There are also $15 million toRead Entire Article
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- 2024-04-17T12:38:00.000Z
job cuts: Top IT companies cut over 72,000 jobs in FY24
Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...
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- 2024-04-28T00:30:00.000Z

In related news

Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce.are car giants ready to slam the brakes on electric revolution?

Take-Two Interactive cuts 5% of workforce, shutters projects amid cost-cutting measures

job cuts: Top IT companies cut over 72,000 jobs in FY24