#layoff (2 Posts)
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Tesla's Shocking Move: 10% of Employees Fired Electrek, a technical publication, reported on the 15th (local time) that Tesla is laying off more than 10% of its employees, citing an internal memo. According to insiders, Tesla has instructed managers to identify key team members while suspending some stock compensation and canceling some employees’ annual evaluations. It has also reduced production at the […] -
Citigroup's NYC Layoffs: 430 Employees to Go in June Citigroup is now embarking on a massive layoff in New York. On the 1st, Citigroup announced in documents submitted to the Department of Labor that it would lay off 430 employees across multiple departments in New York. According to the documents, the layoffs will target 363 Citibank employees and include employees from the technology and […]
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