Economists haven’t been able to conclusively prove that student achievement suffered more under LIFO layoffs than other ways of reducing the teacher workforce. But the evidence points in that direction…
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By Bloomberg Published Jun 5, 2024 Nike Inc. has cut staff in its European headquarters as part of a multiyear cost-cutting plan at the world’s largest sportswear company, according to…
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Bounced emails. Stalled projects. Delayed adapters. These are the immediate effects of Tesla CEO Elon Musk’s “absolutely hard core” approach to cost cutting, which has resulted in at least 500 layoffs from…
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The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according…
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In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Byron Hurd for a gasoline-powered installment. They lead off by diving into the Tesla layoff news…
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Peloton, the exercise equipment maker and creator of online fitness classes, has announced that it’s laying off 15 percent of its workforce — 400 people — as CEO, president, and…
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The developer of Horizon Call of the Mountain, Firesprite Studios, has laid of the game’s director, Alex Barnes. It’s unclear how many other developers aside from him were impacted by…
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Take-Two Interactive is reportedly shutting down two of its studios: Roll7 and Intercept Games. The former is known for Rollerdrome and OlliOlli while the latter was working on Kerbal Space…
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The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by…
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Tesla has around 12,000 Supercharger stalls installed across the US.PATRICK T. FALLON/Getty Images Tesla is reportedly gutting its EV charging team, laying off around 500 employees. The news sent shockwaves…
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