Tesla Plans 7 Percent Staff Cut, Says Road Ahead Very Difficult

Business stories from Newsday, Long Island Newsday: Business
Fri, 01/18/2019 - 9:53am

Saying the road ahead was "very difficult," Tesla's CEO Elon Musk said Friday that the company would be cutting its staff by about 7 percent.

Topics: tesla's ceo elon musk percent staff cut road difficult

Place your ad here
Loading...

BING NEWS:

Tesla Employees "Walking on Eggshells" as Furious Musk Continues Layoffs
Around and Around Amid recurring rounds of layoffs, Tesla workers are dreading their own terminations — and it's unclear when the cuts are going to end. Insider sources tell Bloomberg that the rolling ...
05/20/2024 - 2:25 am | View Link
Our Last Ford F-150 Lightning EV Pickup Road Trip Was a Nightmare
I 've learned quite a few things drivingMotorTrend's owned 2022 Ford F-150 Lightning Lariat extended range pickup for the past year. For starters, my ABCs: Always Be Charging. If ...
05/15/2024 - 1:45 pm | View Link
DOT Plans Road Projects Around U.S. Opens
Orange barrels and cones are soon to be a fixture of several major roadways in Moore County as road projects are planned to start after the U.S. Open this June ...
05/9/2024 - 3:57 am | View Link
Inside the Climate Protests Hell-Bent on Stopping Tesla
Closer to the road, activists talk in raised tones about ... As we sit under pine trees earmarked to be cut down, she explains how for years this was a lonely battle. They were just a handful ...
05/7/2024 - 5:10 am | View Link
Tesla won the EV charging race. So why’s it gutting its Supercharger team?
Tesla plans to lay off roughly 500 employees in its electric vehicle charging business — a surprising move that industry experts warn could threaten the reliability of the company’s nation-leading ...
05/1/2024 - 8:30 pm | View Link
More

More Movie News

More Business News

'Predatory' lender will stop Mass. business, pay $625K in Mass. AG settlement
BizJournals, Wednesday - 05/22/2024 - 12:53 PM
The California-based lending company has agreed to stop issuing loans in the state and pay $625,000 in restitution, according to Attorney General Andrea Campbell.
More | Talk | Read It Later | Share
Kimmeridge ends proxy battle after $2 billion SilverBow-Crescent deal announced
BizJournals, Wednesday - 05/22/2024 - 12:52 PM
Kimmeridge withdrew its slate of candidates running for SilverBow Resources' board, saying a $2.1 billion deal made board changes unnecessary.
More | Talk | Read It Later | Share
South Florida home sales grow, prices hit record high
BizJournals, Wednesday - 05/22/2024 - 12:48 PM
Buyers have the advantage in the South Florida condo market.
More | Talk | Read It Later | Share
Furniture giant HNI to close Hickory manufacturing plant, plans 200-plus layoffs
BizJournals, Wednesday - 05/22/2024 - 12:47 PM
Furniture giant HNI Corp. is shutting down its plant northwest of Charlotte in the coming year, with more than 200 workers to lose their jobs.
More | Talk | Read It Later | Share
McCormick adds former Procter & Gamble exec to board
BizJournals, Wednesday - 05/22/2024 - 12:47 PM
The appointment brings the McCormick board to 13 members.
More | Talk | Read It Later | Share
Neumann Companies buys long-debated Delafield site to build 211 homes
BizJournals, Wednesday - 05/22/2024 - 12:40 PM
With the recent purchase of a vacant site in the town of Delafield that's been in contention for years, Milwaukee-area homebuilding firm Neumann Companies Inc. will soon break ground on a subdivision with 211 homes near Pewaukee Lake.
More | Talk | Read It Later | Share

Tesla Plans 7 Percent Staff Cut, Says Road Ahead Very Difficult

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News