File photo Washington: Republican presidential candidate Donald Trump’s interview with billionaire entrepreneur Elon Musk finally got underway on Musk’s social media platform X on Monday evening, following a lengthy delay caused by technical problems that kept many users from accessing the live stream. Musk, who has endorsed Trump, began the event at 8:42 p.m. (0042 … Read more
CEO of auto giant Stellantis Carlos Tavares speaks to journalists during a joint media event by Stellantis and Leapmotor in Hangzhou, in eastern China’s Zhejiang province on May 14, 2024. – | Afp | Getty Images DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on Oct. 4, 2023. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more
The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit on Jan. 15, 2018. Brendan McDermid | Reuters DETROIT — Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory workers later this year as it discontinues production of an older version of its Ram … Read more
The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty Images Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPN Bet. CEO Jay Snowden told staff members in an internal email that the changes will enhance … Read more
By Thomas Buckley | Bloomberg Walt Disney Co.’s Pixar subsidiary, the pioneering animator that made Toy Story and Finding Nemo, is cutting 14% of its staff, part of an ongoing belt tightening by its parent. About 175 employees are getting layoff notices Tuesday, the company said. The reductions reflect a decision to refocus Pixar on … Read more
By Kara Carlson and Dana Hull | Bloomberg Tesla Inc. workers are living in fear of the “Dear Employee” layoff email. Over a month into Chief Executive Officer Elon Musk’s plans to slash at least 10% of the company’s workforce, he’s still not done. This means anxious employees wake up each day to check their messages, wondering … Read more
Home News Elon Musk Mocks Linkedin ‘Zombies’ Amid Laid-Off Employees Seeking Jobs, Sharing Ordeal On Platform Elon Musk, who is known for his quirky posts on social media platforms, once again sparks controversy by mocking LinkedIn users amid mass layoffs. Elon Musk Mocks Linkedin ‘Zombies’ Amid Laid-Off Employees Seeking Jobs, Sharing Ordeal On Platform The … Read more
E-commerce artisan marketplace Etsy is at a crossroads as it tries to balance declining gross merchandise sales, a tumbling stock price and high inflation with the needs of its 7 million sellers. “After the big increase in both buyers and spending per buyer during Covid, it looks like they’ve hit a wall,” said Jason Helfstein, … Read more