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Ricky Nesbitt 2020-08-04
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The travel website is cutting thousands of jobs due to the coronavirus pandemic.
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William Mulcahy 2016-08-18
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Cisco plans to cut workforce by seven per cent in a restructuring that also includes more focus on areas such as the IoT, security, collaboration, next-generation data center and the cloud.

yesterday was the information that Cisco would reduce the workforce by 14 000 people.

Quite as bad becomes it's not - but Cisco plans to reduce the workforce by seven per cent.

this means that The 5500 Ciscoanställda will lose their jobs – and it will cost the company about $ 700 million.

It notifies the company of the day, writes IDG News.

the Cuts will hit some of Cisco's smaller and more mature business areas, where the long-term growth is not considered to be strong.

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Ronald Gibson 2016-10-27
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What s happening at Twitter lately?

Today, we found out that 350 employees have been laid off, or nine percent of the workforce.

The cuts were announced alongside the company s Q3 earnings which exceeded Wall Street expectations.

The employees were just notified prior to the Q3 announcements, but the team will be addressed as a whole by CEO Jack Dorsey later today.

Recode reports that most of the layoffs impacted Twitter s sales and marketing teams, with CFO Anthony Noto acknowledging that the company is intended to fully invest in our highest priorities and to de-prioritize certain initiatives.

Almost exactly a year ago, Twitter laid off another 300 employees, that time focused on product and engineering teams.

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0
Edmond Mccolpin 2019-02-07
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Roadshow reported last month that Tesla was cutting its global workforce by roughly 7 percent.

That amounts to around 3,000 personnel let go after Tesla expanded its head count by 30 percent last year.

New data shows that about a third of those cut jobs are based in California.

According to California Employment Development Department filings sourced by the East Bay Times, that breaks down to 802 jobs cut at Tesla's manufacturing facility in Fremont, 137 manufacturing support positions in Lathrop and 78 jobs at the company's head office in Palo Alto.

On the heels of Tesla announcing the availability of the $35,000 Model 3 -- a technicality that factors in tax rebates and estimated fuel savings -- the layoffs are another way to help the company achieve a $35,000 Model 3 base price without including those asterisk factors.

This seems to be a case of Tesla learning how to do more with less.

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Ralph Philbrick 2016-10-27
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Twitter has confirmed that it will lay off hundreds of members of staff, as it reported its ninth quarter of declining revenue growth.

After hopes of a bidding war for the embattled social network were dashed earlier this month, Twitter said it plans to restructure the business in a move that will affect 9pc of its 3,860-strong workforce.

The number of affected staff is higher than initially anticipated, and could result in as many as 350 people losing their jobs.

It said the cuts would predominantly affect the company's sales, partnerships and marketing departments as it moves to slim down and focus its operations.

The news of the lay-offs comes as Twitter reported a net loss of $103m £84m for the last three months to the end of September.

Twitter, which cut 336 staff this time last year, has been struggling to stay afloat after Jack Dorsey's return as chief executive failed to reverse its stalled growth.

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0
Ronald Black 2019-01-18

In the email, CEO Elon Musk says the focus must be on delivering “at least the mid-range Model 3 variant in all markets”.

He also warns those employees not set to be axed that there are “many companies that can offer a better work-life balance, because they are larger and more mature or in industries that are not so voraciously competitive”.

“Tesla will need to make these cuts while increasing the Model 3 production rate and making many manufacturing engineering improvements in the coming months.

Tesla will need to make these cuts while increasing the Model 3 production rate and making many manufacturing engineering improvements in the coming months.

Higher volume and manufacturing design improvements are crucial for Tesla to achieve the economies of scale required to manufacture the standard range (220 mile), standard interior Model 3 at $35k and still be a viable company.

There isn’t any other way.”

collect
0
Rickey Cameron 2019-01-18
img

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories.

If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here:

Tesla to cut workforce by 7 percent and focus on Model 3 production

In an email to employees, CEO Elon Musk says the focus must be on delivering “at least the mid-range Model 3 variant in all markets.” He also warns the employees who are not set to be axed that there are “many companies that can offer a better work-life balance, because they are larger and more mature or in industries that are not so voraciously competitive.”

“We unfortunately have no choice but to reduce full-time employee headcount by approximately 7% (we grew by 30% last year, which is more than we can support) and retain only the most critical temps and contractors,” he writes.

Matthew Panzarino makes the case for the new Adapt BB, a Nike shoe with powered laces that tighten to a wearer’s foot automatically.

collect
0
Ricky Nesbitt 2020-08-04
img
The travel website is cutting thousands of jobs due to the coronavirus pandemic.
Ronald Gibson 2016-10-27
img

What s happening at Twitter lately?

Today, we found out that 350 employees have been laid off, or nine percent of the workforce.

The cuts were announced alongside the company s Q3 earnings which exceeded Wall Street expectations.

The employees were just notified prior to the Q3 announcements, but the team will be addressed as a whole by CEO Jack Dorsey later today.

Recode reports that most of the layoffs impacted Twitter s sales and marketing teams, with CFO Anthony Noto acknowledging that the company is intended to fully invest in our highest priorities and to de-prioritize certain initiatives.

Almost exactly a year ago, Twitter laid off another 300 employees, that time focused on product and engineering teams.

Ralph Philbrick 2016-10-27
img

Twitter has confirmed that it will lay off hundreds of members of staff, as it reported its ninth quarter of declining revenue growth.

After hopes of a bidding war for the embattled social network were dashed earlier this month, Twitter said it plans to restructure the business in a move that will affect 9pc of its 3,860-strong workforce.

The number of affected staff is higher than initially anticipated, and could result in as many as 350 people losing their jobs.

It said the cuts would predominantly affect the company's sales, partnerships and marketing departments as it moves to slim down and focus its operations.

The news of the lay-offs comes as Twitter reported a net loss of $103m £84m for the last three months to the end of September.

Twitter, which cut 336 staff this time last year, has been struggling to stay afloat after Jack Dorsey's return as chief executive failed to reverse its stalled growth.

Rickey Cameron 2019-01-18
img

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories.

If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here:

Tesla to cut workforce by 7 percent and focus on Model 3 production

In an email to employees, CEO Elon Musk says the focus must be on delivering “at least the mid-range Model 3 variant in all markets.” He also warns the employees who are not set to be axed that there are “many companies that can offer a better work-life balance, because they are larger and more mature or in industries that are not so voraciously competitive.”

“We unfortunately have no choice but to reduce full-time employee headcount by approximately 7% (we grew by 30% last year, which is more than we can support) and retain only the most critical temps and contractors,” he writes.

Matthew Panzarino makes the case for the new Adapt BB, a Nike shoe with powered laces that tighten to a wearer’s foot automatically.

William Mulcahy 2016-08-18
img

Cisco plans to cut workforce by seven per cent in a restructuring that also includes more focus on areas such as the IoT, security, collaboration, next-generation data center and the cloud.

yesterday was the information that Cisco would reduce the workforce by 14 000 people.

Quite as bad becomes it's not - but Cisco plans to reduce the workforce by seven per cent.

this means that The 5500 Ciscoanställda will lose their jobs – and it will cost the company about $ 700 million.

It notifies the company of the day, writes IDG News.

the Cuts will hit some of Cisco's smaller and more mature business areas, where the long-term growth is not considered to be strong.

Edmond Mccolpin 2019-02-07
img

Roadshow reported last month that Tesla was cutting its global workforce by roughly 7 percent.

That amounts to around 3,000 personnel let go after Tesla expanded its head count by 30 percent last year.

New data shows that about a third of those cut jobs are based in California.

According to California Employment Development Department filings sourced by the East Bay Times, that breaks down to 802 jobs cut at Tesla's manufacturing facility in Fremont, 137 manufacturing support positions in Lathrop and 78 jobs at the company's head office in Palo Alto.

On the heels of Tesla announcing the availability of the $35,000 Model 3 -- a technicality that factors in tax rebates and estimated fuel savings -- the layoffs are another way to help the company achieve a $35,000 Model 3 base price without including those asterisk factors.

This seems to be a case of Tesla learning how to do more with less.

Ronald Black 2019-01-18

In the email, CEO Elon Musk says the focus must be on delivering “at least the mid-range Model 3 variant in all markets”.

He also warns those employees not set to be axed that there are “many companies that can offer a better work-life balance, because they are larger and more mature or in industries that are not so voraciously competitive”.

“Tesla will need to make these cuts while increasing the Model 3 production rate and making many manufacturing engineering improvements in the coming months.

Tesla will need to make these cuts while increasing the Model 3 production rate and making many manufacturing engineering improvements in the coming months.

Higher volume and manufacturing design improvements are crucial for Tesla to achieve the economies of scale required to manufacture the standard range (220 mile), standard interior Model 3 at $35k and still be a viable company.

There isn’t any other way.”