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Category: Auto

April 16, 2024April 16, 2024Auto

Tesla layoffs 10% of its workforce, around 14,000 employees

Tesla, in response to evolving market dynamics, is undergoing organizational adjustments that may impact a segment of its workforce, reportedly around 10% […]

April 4, 2024April 4, 2024Auto

Apple to layoff 614 Employees, as it shuts down its car project

Apple, the iPhone giant known for its financial stability and aversion to layoffs, is shedding workers for the first time since the […]

April 11, 2023April 11, 2023Auto

Euler Motors to layoff 10% workforce – Around 200 Employees

Euler Motors, a Delhi-based electric vehicle (EV) startup, has decided to lay off 10% of its workforce, affecting approximately 180-200 employees. The […]

March 31, 2023March 31, 2023Auto

Virgin Orbit Lays off 675 employees

CEO Dan Hart told employees during an all-hands meeting on Thursday afternoon that Virgin Orbit will lay off nearly all of its […]

March 29, 2023March 29, 2023Auto

Lucid Lays off 1300 employees

Electric vehicle maker Lucid Group Inc. disclosed on Tuesday that it plans to lay off approximately 1,300 employees, with the chief executive […]

March 1, 2023March 1, 2023Auto

General Motors Lays off 500 employees

The media reported that General Motors, the automaker, is laying off hundreds of workers from the company. This move is part of […]

February 1, 2023February 1, 2023Auto

Rivian to lay off 6% of its overall Workforce

Rivian Automotive is laying off 6% of its workforce in an effort to cut costs as the EV maker, already grappling with […]

January 16, 2023January 16, 2023Auto, Logistics

Nikola Lays off 400 employees

The future of up to 400 former Romeo Power Inc. workers is unclear after electric truck maker Nikola Corp. said Friday it […]

November 10, 2022November 10, 2022Auto, Insurance

Root Insurance Layoffs 20% Workforce – 160 Employees – 2nd Round

Root Inc. known for Root Insurance announced on Wednesday that it will be reducing its overall headcount by 20%, impacting 160 employees. […]

October 27, 2022October 27, 2022Auto

Argo AI Shutsdown – Lays off 2000 Employees

Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down […]

August 22, 2022August 22, 2022Auto

Ford Lays off 3000 Corporate Employees

Ford Motor Co. confirmed Monday it plans to eliminate roughly 3,000 white-collar and contract positions, primarily in the U.S., Canada and India. Why […]

July 11, 2022July 27, 2022Auto, Transportation

Rivian to Layoff 6% Workforce

Rivian, the electric automotive company is planning to lay off around 6% of its overall workforce in the coming days – as […]

Recent Posts

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  • Peloton lays off 15% of Workforce, 400 Employees

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