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Stories about: layoffs

Rivian Will Cut 6 Percent of Its Workforce Amid the Brutal Price War Tesla Started
Rivian Will Cut 6 Percent of Its Workforce Amid the Brutal Price War Tesla Started

1 Feb 2023, 18:39 UTC · By: Cristian Agatie / CEO R.J. Scaringe has sent a letter to Rivian employees explaining the painful decision to lay off 6% of the workforce amid the price war that Tesla started

 
Tesla Rumored Layoffs and Hiring Freeze Paint a Bleak Picture for the EV Maker
Tesla Rumored Layoffs and Hiring Freeze Paint a Bleak Picture for the EV Maker

22 Dec 2022, 09:51 UTC · By: Cristian Agatie / Reports indicate that Tesla is preparing to freeze hiring and implement layoffs next quarter, an indication that everything is not going according to plan

 
RJ Scaringe Confirms Rivian Will Layoff Staff to Grow Sustainably
RJ Scaringe Confirms Rivian Will Layoff Staff to Grow Sustainably

14 Jul 2022, 16:20 UTC · By: Gustavo Henrique Ruffo / The CEO said that the focus is to act strategically rather than just worry about cost cutting per se: 700 people may get the pink slip.

 
Rivian May Fire 5% of Its White-Collar Workers, Still Wonders If That's the Right Move
Rivian May Fire 5% of Its White-Collar Workers, Still Wonders If That's the Right Move

11 Jul 2022, 23:28 UTC · By: Gustavo Henrique Ruffo / The company currently has 14,000 employees, and it did not give a reason for this urge to cut costs while it is still increasing production

 
Tesla Employees Fired by Musk Were Scooped Up by Rival Companies Rivian, Amazon, and Apple
Tesla Employees Fired by Musk Were Scooped Up by Rival Companies Rivian, Amazon, and Apple

8 Jul 2022, 14:46 UTC · By: Cristian Agatie / The Tesla employees that were laid-off recently were happily hired by competing companies like Rivian, Amazon, Apple, or Lucid

 
Tesla Lays Off 200 Autopilot Workers, Closes San Mateo Facility
Tesla Lays Off 200 Autopilot Workers, Closes San Mateo Facility

29 Jun 2022, 16:27 UTC · By: Ancuta Iosub / Before these job cuts, the California-based facility had about 350 people in its employ, but some had already been moved to a facility in Palo Alto

 
Bad News for Waze as Company Lays Off Tens of Employees, Closes Offices
Bad News for Waze as Company Lays Off Tens of Employees, Closes Offices

10 Sep 2020, 09:33 UTC · By: Bogdan Popa / Google-owned Waze is making several internal changes, including a massive layoff that is reportedly affecting 5 percent of its workforce

 
SpaceX Layoffs Coming Despite Record Number of 2018 Launches
SpaceX Layoffs Coming Despite Record Number of 2018 Launches

14 Jan 2019, 09:07 UTC · By: Daniel Patrascu / The announcement for the layoffs came shortly after the launch of the Falcon 9 last Friday, with the employees being sent home to await their fate via email

 
Auto-Parts Supplier Valeo Cuts 5,000 Jobs
Auto-Parts Supplier Valeo Cuts 5,000 Jobs

21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / French auto parts supplier Valeo SA announced they will cut 5,000 jobs worldwide as a response to the decline of the economic stability. The company said that the drop in output will reduce the reve...

 
Ford to Operate 4,000 Temporary Layoffs in Europe
Ford to Operate 4,000 Temporary Layoffs in Europe

25 Nov 2011, 14:34 UTC · By: Mihnea Radu / According a report from Automotive News, Ford might be doing well in the US, but the European market is struggling so badly in Europe that they will temporarily cut some 4,000 workers next year, all...

 
BMW Ontario Workers Get Contract Extensions
BMW Ontario Workers Get Contract Extensions

12 Aug 2011, 09:33 UTC · By: Alina Dumitrache / Back in mid-July we were reporting on an initiative taken by Teamsters Local 495 meant to protest against the massive layoffs at BMW's parts distribution facility in Ontario, Calif. The automak...

 
BMW's Mass Layoffs Trigger The Ultimate Misery Website
BMW's Mass Layoffs Trigger The Ultimate Misery Website

15 Jul 2011, 12:30 UTC · By: Alina Dumitrache / German automaker BMW has recently announced it plans to fire nearly 100 American employees next month, hiring the anti-union law firm Jackson Lewis to execute the layoffs. The workers in question ar...

 
Yamaha Thinks Cost-Cutting and Closures
Yamaha Thinks Cost-Cutting and Closures

15 Feb 2010, 13:32 UTC · By: Alina Dumitrache / Last year, Japanese manufacturer Yamaha experienced a 28.1 percent drop in revenues. According to officials at Yamaha, the economic slump brought a decrease in sales of motorcycles and marine produc...

 
Ferrari Announces Temporary Layoffs in November
Ferrari Announces Temporary Layoffs in November

14 Oct 2009, 08:13 UTC · By: Alina Dumitrache / Although it has denied being affected by the global economic crisis, Italian supercar maker Ferrari has just revealed that another wave of layoffs is approaching fast, after last December it reduced...

 
Volvo Will Cut 1,500 Jobs in Sweden
Volvo Will Cut 1,500 Jobs in Sweden

23 Apr 2009, 12:05 UTC · By: Daniel Patrascu / Ford's struggling Volvo begins to feel the heat of the economic storm sharper than ever and, as a result of these uncertain times, has announced it will continue slashing its workforce. This ti...

 
Bentley Fires 220 Employees
Bentley Fires 220 Employees

11 Feb 2009, 08:54 UTC · By: Madalina Iancu / As the financial crisis continues to hit automakers across the world, many of them are forced to drastically cut costs by laying off employees in order to survive. Unfortunately, Bentley is no excep...

 
Protesting Fiat Workers Clash with the Police near Naples
Protesting Fiat Workers Clash with the Police near Naples

6 Feb 2009, 08:41 UTC · By: Madalina Iancu / With the financial downturn leaving behind lots of people without a job and a bunch of debts to pay, there is no wonder that they have begun to protest in the streets for their rights. That'...

 
Nissan Idles Mexico Assembly Plants
Nissan Idles Mexico Assembly Plants

27 Jan 2009, 14:19 UTC · By: Daniel Patrascu / Finding itself under the pressure from the economic unrest, Nissan has decided to close its operations in North America, a temporary move aimed to balance the decrease in demand. The move com...

 
NASCAR Sponsors to Cut Jobs
NASCAR Sponsors to Cut Jobs

27 Jan 2009, 07:52 UTC · By: Ovidiu Panzariu / Apart from teams finding it very hard to maintain or get sponsorship for the upcoming season, the NASCAR series is nowadays confronting with another series of financial setbacks. According to a repo...

 
Harley Davidson Proceeds to Layoffs
Harley Davidson Proceeds to Layoffs

23 Jan 2009, 16:02 UTC · By: Madalina Iancu / It's not that we wouldn't have predicted it but it took some time until Harley Davidson announced its measures to cope with the doomed financial crisis. According to Reuters, the Americ...