Tag: Layoffs and Job Reductions
Tesla to Cut 10% of Salaried Staff, Musk Tells Employees
Tesla’s chief executive, Elon Musk, plans to cut 10 percent of the electric carmaker’s salaried work force, he…
How Jack Welch’s Reign at G.E. Gave Us Elon Musk’s Twitter Feed
When Jack Welch died on March 1, 2020, tributes poured in for the longtime chief executive of General…
Fear and Loathing Return to Tech Start-Ups
Start-up workers came into 2022 expecting another year of cash-gushing initial public offerings. Then the stock market tanked,…
Inside the Implosion of CNN+
David Zaslav had been chief executive of Warner Bros. Discovery for all of a few hours when he…
For Macron, France’s Troubled Industries Hit Home
AMIENS, France — During the last presidential campaign, the troubled Whirlpool factory in the northern city of Amiens…
BuzzFeed News Top Editor Mark Schoofs to Leave Ahead of Newsroom Cuts
The head of BuzzFeed News and two other top editors are departing the company ahead of cuts to…
The Age of Anti-Ambition
The plague, the death, the supply chain, long lines at the post office, the collapse of many aspects…
Making ‘Dinobabies’ Extinct: IBM’s Push for a Younger Work Force
In 2020, the Equal Employment Opportunity Commission released a summary of an investigation into these practices at IBM,…
Peloton’s future is uncertain after a swift fall from pandemic stardom.
But some customers, tired of waiting, turned to competitors. Others skipped the expensive hardware and opted for Peloton’s…
Job Openings Remained Elevated in December Despite Omicron Surge
The Omicron variant of the coronavirus has disrupted business and kept millions of people home from work. But…