Tag Archives: cuts

[unable to retrieve full-text content]Google Workers Stage Rallies Against Job Cuts, Low Wages  Yahoo Finance Source link

For the next few months, there will be much earnest reporting from Washington, D.C., about “negotiations” on the debt-ceiling standoff. House Republicans, led by Speaker Kevin McCarthy, will demand government spending cuts as a condition of raising the debt ceiling and allowing more federal borrowing so the Treasury can keep paying the nation’s bills. President Biden and his fellow Democrats will insist on a “clean” debt-ceiling hike with no conditions. News headlines will… Source link

by: Olafimihan Oshin, The Hill Posted: Jan 25, 2023 / 05:29 PM PST Updated: Jan 25, 2023 / 05:29 PM PST (The Hill) – More than two dozen in-house massage therapists were reportedly part of the latest round of layoffs that happened at Google last week.  According to filings reported by CNBC on Tuesday, 27 in-house massage therapists were among the 1,845 employees to lose their jobs with the company in the state of California.  Twenty-four of… Source link

A laid-off Google engineer said his “spidey-senses” detected incoming job cuts at the company. Zac Bowling told Insider he’d been laid off before and was familiar with the build-up. He said Google’s severance email was “cold,” “faceless,” and made him feel “isolated.” … Source link

Despite buyer protests in China over recent Tesla (TSLA) price cuts on the mainland, it seems the move overall has been a huge hit for the EV maker. Earlier this month Tesla cut prices in China, with the Chinese-made Model 3 falling by 13.5% to $33,515, and the Model Y dropping 10% to $37,899. Wedbush Securities conducted a survey of over 500 prospective EV buyers in China to gauge their reaction to Tesla’s price cuts. The results proved to be quite positive for Tesla’s prospects in the… Source link

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Google parent company Alphabet announces 12K job cuts 00:35 UP NEXT Germany hesitant to send tanks to Ukraine as NATO discusses weapon supplies 03:19 Biden pledges support ‘every step of the way’ as California recovers from storms  04:43 Rep. George Santos denies claims he performed as a drag queen 03:31 March for Life returns to Washington for first time since overturning of Roe v. Wade 03:41 Do… Source link

Tesla (TSLA) dropped the bomb on the auto market with huge price cuts last week, and now Wall Street is catching up with post-game analysis, if you will. In a note called “Analyzing the impact of reduced Tesla vehicle prices,” Goldman Sachs analyst Mark Delaney takes a glass-half-empty, half-full approach. Delaney says the price cuts imply concern over reduced demand in the U.S. “While the reduced prices for Models 3 and Y helps the company to better address the roughly 20%-30% of… Source link

BENGALURU, Jan 16 (Reuters) – India’s ShareChat, a short video-sharing platform backed by Google (GOOGL.O) and Temasek, said on Monday it let go of around 20% of its employees, as startups face increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Officer Ankush Sachdeva… Source link

By Aditya Kalra BENGALURU (Reuters) -India’s ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20% of its employees, as startups face increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Officer Ankush Sachdeva said… Source link

ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20 per cent of its employees at a time when startups are facing increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Ankush Sachdeva said in an internal memo seen by… Source link