Wed, Apr 24, 2024
Tesla will cut 3,332 jobs in California and eliminate 2,688 positions in Texas, starting June 14, the notices showed. Tesla’s reported a 55 per cent fall in its net profit in the first quarter ended March 2024. The profit fell to $1.13 billion from $2.51 billion a year earlier. Its shares closed up by 1.85 per cent, or $2.63, at $114.68 each at NASDAQ on Tuesday.
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Sat, Dec 03, 2022
Ritesh Agarwal, Founder and Group CEO, OYO, said: "We will be doing all that we can to ensure that most of the people we are having to let go, are gainfully employed."
Fri, Aug 19, 2022
According to the latest PwC 'Pulse: Managing business risks in 2022' survey in the US, 50 per cent of respondents are reducing their overall headcount, even as business leaders remain concerned about hiring and retaining talent.
Mon, Sep 26, 2016
Commerzbank is planning to cut around 9,000 jobs over the coming years as Germany's second biggest lender pushes ahead with a restructuring plan, Handelsblatt reported on Monday, citing unnamed sources in the finance industry.
Wed, Aug 17, 2016
India's second largest software services firm Infosys on Wednesday said there are no job losses and will redeploy 3,000 employees who will be affected by RBS decision to scrap the UK project of setting up a new bank.
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