Tag: Elon Musk
Over 6,000 to go from Tesla’s Texas and California plants
On 16 April Tesla had revealed its intention to let go 10 per cent of its workforce, affecting about 14,000 employees, globally.
Now, specific numbers...
Elon Musk issues apology over low severance packages
In an email sent to his employees,Elon Musk, CEO, Tesla, has formally apologised for what he termed as "incorrectly low" severance packages. This comes...
SpaceX employees can’t sell stock without approval
SpaceX imposes unusual terms on its employees regarding stock awards, as reported by TechCrunch. Among these terms is a provision allowing SpaceX to repurchase...
Tesla’s query triggers fear of layoff
Fear of layoff has gripped employees at Tesla. Why? Because the company has asked its managers how critical each employee role is, in addition...
NLRB pushes SpaceX for apology and workers’ rights notice
SpaceX is in trouble for firing workers who spoke out against Elon Musk. A complaint has been filed, accusing the company of violating workers'...
No annual merit-based stocks for Tesla staff this year
Tesla, the auto major, has decided not to grant merit-based stocks to its employees, as was the usual annual practice till now. As part...
X accused of firing employee illegally last year
When Yao Yue spoke up agains X’s return-to-work policy, little did she expect to be fired. Yue, who was a principal software engineer at...
Are job listings being posted on X?
Users of X (which was formerly Twitter) will soon be able to find jobs suited to their qualifications directly on the social-media platform.
In July,...
Twitter in a soup for violating severance plan
Twitter, a social media company, is facing a lawsuit after allegedly failing to provide promised severance payments to thousands of employees laid off following...
Meta accused of hiring former Twitter employees to develop Threads
Meta, the company led by Mark Zuckerberg, is facing allegations that it hired former Twitter employees to develop its new microblogging app, Threads. The...
Twitter refuses arbitration costs, faces lawsuit
Former employees of Twitter, a micro-blogging platform, have filed a lawsuit against the company, claiming that it has refused to pay the cost of...
Elon Musk’s Tesla faces growing racism lawsuit
Marcus Vaughn, a former black assembly line staffer at Tesla, has filed a lawsuit against the company, claiming that the production floor at Tesla's...
Musk advises tech companies to lay off employees as he did...
During a virtual interaction at the CEO Council Summit in London, Elon Musk, CEO, Twitter, shared his approach to conducting layoffs, drawing from his...
Twitter to re-hire wrongly fired employees; Musk acknowledges firing mistakes
After being high on the layoff spree, Twitter is now planning to bring back a portion of the previously laid-off staff members. In an...
Twitter’s parental leave to be down from 4 months to 2...
Twitter, under the leadership of Elon Musk, has announced changes to its paid parental leave policy. Previously, Twitter had offered its employees an impressive...
Musk running Twitter with only 1500 employees
Elon Musk, the billionaire entrepreneur and CEO of SpaceX and Tesla, made headlines last year when he purchased Twitter, one of the largest social...
Another case filed against Twitter; 5 other cases pending
On April 4, 2023, a lawsuit was filed against Twitter in San Francisco federal court, accusing the social media company of violating U.S. and...
Twitter’s source code leaked; concerns over vulnerabilities and insider risk
Twitter is in hot water after its source code was reportedly leaked, with the company suspecting a former employee of being behind the breach....
Twitter staff offered stock grants worth $20 bn
Twitter employees are set to receive stock-based grants worth about $20 billion, as reported by Wall Street Journal. However, this is not even 50...
More firings at Twitter on the managerial front
Despite stating previously that he was finished with firing people from Twitter, Elon Musk has made it to the headlines again. Continuing with more...
Musk makes fun of Twitter employee; apologises later
When Haraldur Thorleifsson, a director at Twitter suddenly lost access to his systems, he had no clue what was happening. When he did not...
Elon Musk announces performance-based stock awards for remaining employees
Twitter CEO Elon Musk has announced that the remaining employees of the company will receive "very significant" performance-based stock awards on March 24. Musk...
In Twitter’s latest layoff round, Musk fired another 10% of workforce
According to a report by the New York Times on Sunday, Twitter has recently laid off a minimum of 200 employees, equivalent to roughly...
Twitter staff in Delhi, Mumbai to work remotely
After already having fired 90 per cent of 200 employees in India, Elon Musk has now shut down two out of its three offices...
Twitter’s top engineer fired due to decrease in Musk’s reach
Elon Musk, the CEO of Twitter, has recently made headlines for firing the company's top engineer. The decision was reportedly made due to declining...
Did Elon Musk give away laptops to ex-employees?
In recent months, Twitter has been undergoing frequent changes and updates, causing some instability. In the midst of this, Individuals who were laid off...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
H-1B visa holders can fight visa-denial case if employers commit fraud
If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...
Latest
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Freixenet to cut 80% roles
In a stark response to the relentless drought crippling Catalonia's Penedes region, Freixenet, the Spanish cava (wine) producer, unveils a drastic plan. The company...
Pragya Misra first to be part of OpenAI team India
Pragya Misra is the first to be hired by OpenAI in India. She will reportedly help with establishing and maintaining government relations as OpenAI...
Finland seeks Indian talent to drive innovation and growth
In a bid to bolster its tech landscape and foster innovation, Finland is actively recruiting talented individuals from India. With its reputation as the...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
