Layoffs
GM lays off 1,000 employees amid reorganization, cost-cutting
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca ...
VW cost cutting necessary after ‘decades of structural problems’, CEO tells paper
Volkswagen’s planned cost-cutting programme was unavoidable in order to remedy “decades of structural problems” at the German carmaker, CEO Oliver ...
Yellen says U.S. economy remains solid, heading toward ‘soft landing’
U.S. Secretary of the Treasury Janet Yellen speaks listens to a presentation during a tour at the IRS Processing Facility ...
Stellantis laying off 2,450 workers due to outgoing Ram pickup
The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit on Jan. ...
Pfizer stock recovers after Covid decline but some employees struggle
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, ...
Tesla has downsized by at least 14% this year, internal number shows
Chief Technology Officer of X Elon Musk speaks onstage during the “Exploring the New Frontiers of Innovation: Mark Read in ...
As Tesla layoffs continue, here are 600 jobs cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting ...
