Luxury appliance retailer files Chapter 7 bankruptcy to liquidate
The Vista, Calif., kitchen and bath retailer abruptly shut down its showrooms.
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The Vista, Calif., kitchen and bath retailer abruptly shut down its showrooms.
Tesla is eliminating 3,332 jobs across the state of California, and 2,688 jobs in Austin, Texas, according to Worker Adjustment and Retraining Notification (WARN) Act letters and notices filed in both states.
Last week, Tesla announced a more than 10% cut in its global workforce under pressure from dropping sales and an intensifying price war among EV makers, without revealing the number of employees the job cuts would impact.
Pharmaceutical giant Pfizer Inc. (NYSE: PFE) will shut down its research and development facility in Boulder in the coming months.
According to a notice filed with the Texas Workforce Commission, Tesla will be permanently laying off 2,688 employees from its facility in Austin, Texas.