Tesla just rescinded full-time job offers for employees - Here's what's happening at Musk's firm
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Emails sent from Tesla to its workers stated, "Tesla has made adjustments to our hiring growth plans."
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Emails sent from Tesla to its workers stated, "Tesla has made adjustments to our hiring growth plans."
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Employees will be assigned color-coded flags according to their frequency of on-site attendance. A blue flag signifies consistent office presence, whereas a green flag indicates regular attendance.
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Tesla's HR chief exits amid widespread layoffs as over 6,000 employees in Texas and California face job cuts in June, part of the company's drive to streamline operations and cut costs.
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The decision, ascribed to a "reassessment of titles and resources," is intended to centre attention on high-impact games within the Bethesda portfolio, as per an email obtained from Matt Booty, head of Xbox Game Studios.
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Federation University in Victoria is cutting 200 full-time equivalent staff due to a decline in international student enrolment, reflecting wider challenges in Australia's higher education sector.
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Musk attributed the cuts to role duplication, but the abrupt execution left some employees surprised, discovering their termination upon trying to access Tesla facilities.
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Despite presenting short-term challenges, these strategic measures appear indispensable for Barclays to strengthen its market position, foster sustainable growth, and provide long-term value to stakeholders amidst evolving industry dynamics.