Top five web3 challengers ready to disrupt social media
Elon Musk, Tesla's CEO, said earlier this month that the company would cut 10% of staff.
Job cuts appear to have started, with Tesla staffers saying on LinkedIn that they've been laid off.
The Tesla staffers posting on LinkedIn come from various departments across the company.
Tesla has begun to trim its workforce in earnest after CEO Elon Musk announced earlier this month that he planned to cut 10% of staff as he had a "super bad feeling" about the economy.
On Wednesday morning, Insider found 11 LinkedIn posts from Tesla employees who said they'd been laid off as part of the cut.
The LinkedIn posts show that Tesla has begun cutting its workforce, which stood at 100,000 employees at the end of 2021, a Securities and Exchange Commission filing said.
The layoffs appear to have begun last week and have accelerated. Nine of the posts were published this week, while two were posted late last week.
The LinkedIn posts came from a range of people across the company, including a project lead, a CGI animation lead, staff trainers, and a regional warehouse manager.
The Tesla staffers posting on LinkedIn appeared to have a range of experience at the company. The CGI animation lead said in his post that he had worked at the company for 6 1⁄2 years.
"I am saddened to go," he wrote, adding, "I truly did enjoy my job, and I am proud of the work that I've produced."
The job cuts have also affected senior roles. Christopher Bousigues, Tesla's Singapore country manager, announced in a LinkedIn post this past weekend that he'd been laid off as part of the job cuts.
The company also canceled three hiring events in China planned for this month, Reuters reported.
After saying the company would cut 10% of salaried staff, Musk confusingly said its total head count would increase, and that salaried staff would be "fairly flat."
Musk has said publicly that he believes the US is headed for a recession. He also instituted a new policy that mandates Tesla staff return to the office for a minimum of 40 hours per week.
Tesla is not the only company making cutbacks. Netflix announced in May it was cutting about 150 employees. Massive companies, including Amazon, Meta, and Microsoft, have slowed or frozen hiring.
Tesla did not immediately respond when contacted by Insider for comment.
Are you a Tesla employee who has been affected by the job cuts? Contact this reporter at ihamilton@insider.com. Always use a nonwork email.
Read the original article on Business Insider
Moves comes after report of first-ever drop in company’s revenue
Sub-par landlords could face six months in prison for letting cold and old homes under plans to overhaul the private rented sector.
A new support scheme approved by the Romanian government to shield households and small businesses from soaring energy bills risks blocking the country's gas and electricity markets, energy utilities said on Friday. The government extended a support scheme on Thursday until end-August 2023, capping natural gas and power bills for households, small businesses, hospitals and schools up to certain monthly consumption levels and compensating suppliers for the difference. The Romanian energy utilities' association (ACUE) said the capped compensation price did not take current market values into account, broke national and European Union legislation and would trigger significant losses among suppliers.
Global Radiation-Hardened Electronics Market Global Radiation-Hardened Electronics Market Dublin, Sept. 01, 2022 (GLOBE NEWSWIRE) -- The "Radiation-Hardened Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global radiation-hardened electronics market reached a value of US$ 1.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 1.6 Billion by 2027, exhib
Laxman Narasimhan will leave on September 30 to return to the US for personal and family reasons.
Officials’ proposed measures include national insurance cuts and pause to green levies
A US official Thursday rejected Amazon's efforts to overturn a worker vote in favor of unionization at a New York warehouse, dismissing the retailer's election complaints as groundless.
Laxman Narasimhan is swapping Slough for Seattle and takes up the top job there in April
Proposals involve scaling back the investment bank and reducing more than $1bn in costs
An engine oil leak Gazprom said has been found at the last remaining turbine in operation at the Portovaya compressor station does not constitute a technical reason for stopping operation, Siemens Energy said on Friday. Gazprom had earlier said that the Nord Stream 1 pipeline, which is filled by Portovaya, would remain shut for the time being, effectively extending an outage that was supposed to end at 0100 GMT, Sept 3.
Ms Trevelyan was speaking to the Australian-British Chamber of Commerce on the final day of her visit on Friday.
Twitter is testing an “edit” button – a feature says it is the most requested in the history of the platform. The new feature is being tested internally and will soon be expanded to some users of its Twitter Blue subscription service, the social media platform confirmed. The company revealed early this year that it was working on a tool to allow users to edit tweets after they are posted, which is “our most requested feature to date”.
Global Virtual Clinical Trials Market Global Virtual Clinical Trials Market Dublin, Sept. 01, 2022 (GLOBE NEWSWIRE) -- The "Virtual Clinical Trials Market Size, Share & Trends Analysis Report by Study Design (Interventional, Observational, Expanded Access), by Indication (Oncology, Cardiovascular), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. The global virtual clinical trials market size is expected to reach USD 12.9 billion by 2030. T
The social media platform said it is the ‘most requested feature’.
LISBON (Reuters) -European policymakers should avoid taking rushed pro-cyclical measures in response to high inflation, which is expected to slow down over time and converge with European Central Bank targets, ECB Governing Council member Mario Centeno said on Thursday. "Pro-cyclical policies are all we should avoid", he said, adding there is a need for greater coordination of national policies, but also at the European level. With euro zone inflation at record levels, policymakers are concerned that even long-term inflation expectations may move above the ECB's 2% target.
Google allowed social media network Parler back into its Play Store Friday, more than a year after banning the platform popular with conservatives in the wake of the insurrection at the US Capitol.
The Chancellor Nadhim Zahawi has said he believes the move “will curtail Putin’s capacity to fund his war” in Ukraine.
Idea would separate the cost of electricity produced by nuclear and renewable sources from generation by gas
The German government plans to charter another floating liquefied natural gas (LNG) terminal for winter 2023/24, bringing the total number to five, as part of its strategy to diversify away from Russian energy. The fifth state-owned floating storage and regasification unit (FSRU) will come to Wilhelmshaven, where another FSRU is already planned, and has a capacity of 5 billion cubic metres per year, said the Economy Ministry on Thursday. "All the steps we take to free ourselves as quickly as possible from the clutches of Russian imports are more necessary than ever," said Economy Minister Robert Habeck in announcing that the ministry's selection of companies to manage the FSRU.
Tension over giant turbines that Moscow blames for the reduction of flows via the Nord Stream 1 gas pipeline has put the focus on the equipment it needs to operate. The crucial part is SGT-A65 (Trent 60), a Siemens Energy turbine that is 12 metres long, weighs 20 tonnes, and needs to be transported back to Gazprom's Nord Stream Portovaya compressor station following maintenance in July. The St. Petersburg-based company has said Canadian, EU and UK sanctions make delivery of a Siemens turbine to the Portovaya compressor station impossible.