Personnel
Here’s the email Elon Musk sent all Tesla employees about 10% head count reduction
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla CEO Elon Musk said in an email to all employees at the electric vehicle maker on Friday that the company will cut 10% of salaried workers and will instead rely on more […]
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‘Lots of luck on his trip to the moon’: Biden shrugs off Elon Musk’s economic fears, touts Ford investments
President Joe Biden on Friday brushed off Tesla CEO Elon Musk’s reported “super bad feeling” about the U.S. economy, while praising some of Musk’s competitors for expanding their investments in electric vehicles. Biden then took a dismissive-sounding swipe at Musk, a frequent critic of his administration. “Lots of luck on his trip to the moon,” Biden […]
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Elon Musk feels ‘super bad’ about economy, needs to cut 10% of Tesla jobs
Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters. The message, sent on Thursday and titled “pause all hiring worldwide”, came two days after the billionaire told staff to return […]
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Tesla monitored its employees on Facebook with help of PR firm during 2017 union push
An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images In 2017 and 2018, as some workers sought to form a union at the Tesla factory in Fremont, California, Elon Musk’s electric vehicle company was paying a consultancy, MWW PR, to monitor employees […]
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Stock futures are slightly higher ahead of May’s jobs report
Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Stock futures rose Thursday evening as investors focus their attention on more jobs data due out Friday morning. Futures tied to the Dow Jones Industrial Average were up about 34 points. S&P 500 futures and Nasdaq 100 futures were both higher by 0.2%. […]
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Starbucks union creates $1 million fund to cover lost pay for striking baristas
A protester waves a sign that read "unionize" near the Country Club Plaza Starbucks store where dozens of Starbucks employees and union supporters protested alleged anti-union tactics by the company Thursday, March 3, 2022. Jill Toyoshiba | Tribune News Service | Getty Images The union backing organizing efforts at Starbucks is creating a $1 million […]
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Elon Musk reportedly tells Tesla workers to return to the office full time or resign
Elon Musk has reportedly told Tesla employees to come back into their respective offices at least 40 hours a week or leave the company. In two emails obtained by Electrek, Musk said that people must show up for at least 40 hours per week in a main Tesla office. “If you don’t show up, we […]
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Autoworker union accuses GM joint venture of denying access to organize workers
Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers union is accusing a new General Motors joint venture of denying access to workers to conduct a preliminary […]
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Top recruitment and tech execs give their tips for getting ahead at work
AndreyPopov | iStock | Getty Images Executives at leading recruitment and technology companies have shared with CNBC their top tips for getting ahead in the workplace. Workers continue to hold most of the cards in the labor market, with the “Great Resignation” still underway. Nevertheless, it’s still important to understand the best ways to maximize […]
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Help (mostly) wanted: A diverging job market boosts some workers’ prospects and puts others on notice
A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the U.S. labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more […]
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