Tag: layoff

Tesla to cut more than 10% workforce: report

NEW YORK, April 15, 2024 (AFP) – Tesla plans to lay off “more than 10 percent” of its global workforce, news site Electrek reported Monday, publishing an email from Chief Executive Elon Musk announcing the cuts. The job cuts were needed after “rapid growth” that has led to duplication of roles, Musk said in the email to staff, according to Electrek, an online news site focused on electric vehicles (EV). “There is nothing I hate […]

Citing labor shortage, US states end pandemic jobless benefits

by Heather SCOTT WASHINGTON, United States (AFP) — A handful of US states have announced they will end extra unemployment benefits provided by the federal government, which they blame for creating a shortage of workers. Iowa on Tuesday joined Alabama, Arkansas, Mississippi, Montana and South Carolina in cutting off the payments that through September are providing $300 a week on top of regular state benefits. But President Joe Biden pushed back against the argument that […]