Elon Musk's Tesla may have 'bad news' for its employees
Last year, Tesla reportedly fired employees in New York involved in labeling data for the Autopilot system. The company denied allegations that the te
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Last year, Tesla reportedly fired employees in New York involved in labeling data for the Autopilot system. The company denied allegations that the te
Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is cutting 30% of its North American workforce as part of a restructuring. The company said in a statement it will restructure its workforce and operations to reduce costs in hopes of extending its cash runway and accelerating "its path to profitability." Getaround wouldn't disclose the number of workers it currently employs in North America or in Europe, where it also operates.
According to a spokesperson, Snap is reorganizing its team to reduce hierarchy and encourage in-person collaboration. Read more.
Revenue and Operating Income Surge as Company Leverages AI Innovations
According to verified PayPal professionals on the anonymous online discussion forum Blind, the job cuts have begun, and by the end of the week, will impact around 2,500 jobs (about 9 per cent of the company's workforce).