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Elon Musk: Indian techie gets laid off from Telsa after getting promoted a month ago; Brother shares 'cold email' from Elon Musk

Tesla s recent layoffs, including an Indian techie, have sparked controversy. The techie, who was promoted just a month before, faced unexpected termination due to restructuring. The layoffs are part of Tesla s efforts to reduce its workforce by 10% amid sales challenges. Jatin Saini, the techie s brother, criticized Tesla for its lack of transparency and empathy in the process. Despite the layoffs, Tesla s shares saw a 1.97% gain on 7 May, reaching USD 184.76. ....

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Multi-billion-dollar Godrej family settlement won't attract tax: Sources

The group has opted for the family arrangement route under tax law, which is exempt from capital gains tax ....

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Medical Center of SETX parent company files for bankruptcy, remains open serving patients

From Steward Health Care - Today, Steward Health Care (“the Company”), a national fully integrated value-based healthcare system and the largest physician-led h ....

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China assures fullest support to conclude Sri Lanka's debt restructuring process: Semasinghe - Breaking News

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Luminar Technologies: Luminar to cut nearly 20% jobs as part of restructuring

As of December last year, the company had nearly 800 full-time employees in the U.S., Germany, Sweden, India and China. ....

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