Tesla lays off more staff in software, service teams
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Workers at the U.S. retail giant's smaller offices in Dallas, Atlanta and Toronto are being asked to move to other central hubs such as Walmart's corporate base in Bentonville as well as Hoboken or Southern California, the report said. Walmart, which employed about 2.1 million associates as of Jan. 31, did not respond to a Reuters request for comment. The job cuts at Walmart also underscores the retail giant's efforts to cut costs as discretionary spending in the United States remains...
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Tesla drives Luminar lidar sales and Motional pauses robotaxi plans
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Tap, tap. Mic check. Check 1, 2, 3. This thing on? Hey hey, yup, it’s the same TechCrunch Mobility newsletter you love, but on a different day. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Shopify (SHOP) Shares Tumble as Margins Fall After Sale of Logistics Business
Shopify Inc. shares tumbled after the Canadian e-commerce company said gross margins would decrease in the current quarter as a result of the sale of its logistics business.