Tesla laying off more than 10% of workforce. Here's why
The Bay Area automaker said that within the last couple of months, it’s seen fewer than expected deliveries, a falling stock price, and mounting complaints about its new cybertruck.
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Facebook Parent Meta Cuts 11,000 Jobs, 13% of Workforce
Facebook parent Meta is laying off 13% of its employees as it contends with faltering revenue and broader tech industry woes. The move that comes just a week after widespread layoffs at Twitter under ... -
Employees Sue Elon Musk's Twitter After Staff Informed of Mass Layoffs
The lawsuit say Elon Musk’s plans for mass layoffs violate federal and state law requiring 60 days notice
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Housing Deconstructed Newsletter: Record High Mortgage Rates, Latest Median Home Prices, and a Stanford Squatter?
Good afternoon Bay Area! Hey it’s Tony Leong again, I’m an Executive Producer at NBC Bay Area. Let’s get to the housing news that has caught my eye this week and you’ll be want... -
Lyft to Cut 13% of Workforce in Attempt to Trim Costs
Ride-hailing service Lyft is cutting 13% of its workforce, almost 700 employees, as it attempts to reduce operating expenses.