The company said it would slash up to nearly 10% of its workforce. Dell also warned of a worsening decline after a 17% drop in third-quarter laptop and desktop sales. Source link Source link
Read MoreTag: plans
At the foothills of the Himalayas, in the city of Dehradun, India’s government is working on a jet fuel it hopes can help clean up the smog hanging over its big cities. There — on a sprawling 300 acre tea estate where leopards and deer can be spotted — scientists are working […]
Read MoreListen to article (2 minutes) Add rising interest rates to the challenges that small businesses are already grappling with, including inflation, labor shortages and strained supply chains. Some small businesses are cutting back on borrowing, paying down debt or delaying expansion plans as interest rates rise. Others worry that rising rates will boost prices charged […]
Read MoreThe planned workforce reductions come as the used-car retailer faces economic headwinds and an uncertain future, its CEO said. Source link Source link
Read MoreChief Executive Oliver Blume is beginning to reorder VW’s most ambitious—and fraught—endeavors to focus on near-term implementation of key software and technology for coming models. Source link Source link
Read MoreWSJ News Exclusive Business Foundation says it is ‘well along’ in search for a successor amid lawsuit by two of Paul Newman’s daughters Source link Source link
Read MoreThe vaping company says it will lay off about 400 people after getting a bailout from board members. Source link Source link
Read MoreBusiness Autos & Transportation Autos Industry The startup plans to use the funds to hire engineers, and will develop an electric vehicle with the Taipei-based contract manufacturer Source link Source link
Read MoreThe social-media giant’s planned cuts are expected to affect many thousands of its workforce, which exceeded 87,000 as of September. Source link Source link
Read MoreThe company is cutting 13% of staff, translating to hundreds of jobs, the second round of cuts at the ride-hailing giant in recent months. Source link Source link
Read MoreThe move comes as the company’s new owner, Tesla Chief Executive Elon Musk, makes sweeping changes from high-profile firings to product updates since closing the $44 billion deal last week. Source link Source link
Read MoreImagine Marketing, the company that owns wearable brand Boat, has become the latest domestic technology (tech) company to shelve its listing plans. The popular consumer tech brand joins the PharmEasy parent API Holdings, and online automobile marketplace Droom Technology, to withdraw its draft red herring prospectus (DRHPs). Industry players don’t rule out more tech […]
Read MoreIn this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022. Muhammed Selim Korkutata | Anadolu Agency | Getty Images After closing a $44 billion transaction to take Twitter private, Tesla and SpaceX CEO Elon […]
Read More