15 Apr 2024, 17:12 UTC · By: Cristian Agatie / Tesla announced a massive layoff round, shedding 10% of its global headcount, and now it appears that key executives have also been sacked
21 Sep 2023, 06:11 UTC · By: Florin Amariei / Workers want better contracts and are willing to put up with everything that's thrown at them. It's a crisis the Detroit Three can't handle
29 Mar 2023, 07:24 UTC · By: Cristian Agatie / Lucid CEO Peter Rawlinson announced on Tuesday that the company would lay off 18% of its workforce in a bid to cut costs as part of a restructuring plan
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
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
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.
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
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
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
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
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
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...
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...
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...
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...
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...
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...
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...
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...
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'...