Workday Cuts Hundreds of Jobs
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As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
Telstra to Cut Jobs to Save Costs Amid Enterprise Overhaul
The Australian telecommunications company plans to cut 2,800 jobs as part of a continuing strategic review, helping cut $233.4 million in costs.The Wall Street Journal - World -
Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.The Wall Street Journal - World -
Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.The Wall Street Journal - Business -
4 dead as storms slam Houston again; hundreds of thousands lose power
The Houston Mayor's Office confirmed to CBS News that there were at least four weather-related deaths from the storms.CBS News - Top stories -
Hundreds more French police start deploying to secure New Caledonia
Yahoo News - World -
Houston Storms Kill at Least Four and Leave Hundreds of Thousands Without Power
School officials canceled classes in the city on Friday, and hundreds of thousands were left without power. It may take as much as 48 hours to restore power to some customers.The New York Times - Top stories -
Hundreds of Virgin Atlantic cabin crew sue for unfair dismissal
Tribunal in London will hear claims Richard Branson’s airline used Covid redundancies to target older staff. Hundreds of long-serving Virgin Atlantic cabin crew are suing the airline for unfair dismissal, claiming that the airline used Covid ...The Guardian - World -
Hundreds attend burial of Shani Louk, victim of October 7 attack
Yahoo News - World -
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.BBC News - Top stories -
Tiger Woods will miss the cut at the PGA Championship at Valhalla
Tiger Woods will miss the cut at the PGA Championship at ValhallaABC News - Sports - Golf -
Gold Steady as Rate-Cut Hopes Wane
Gold was steady. After hitting new highs, gold “immediately withdrew back” as Fed speakers overnight warned that rate cuts are still some way down the road, DailyFX said.The Wall Street Journal - World -
Liverpool job 'difficult to ignore' - Slot
Feyenoord boss Arne Slot is named as Liverpool's new manager, succeeding Jurgen Klopp at Anfield.BBC News - Top stories -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
Slapstick Comedy Movie Hundreds Of Beavers Is As Much Video Game Let's Play As Bugs Bunny Cartoon
More and more video games are seeing adaptations into movies, but Hundreds of Beavers might be the most video game-like movie I've ever seen.That's not necessarily apparent from first blush, especially because Hundreds of Beavers' other influences ...GameSpot - Tech -
4 dead as severe storms hit Houston area; hundreds of thousands lose power in Texas
Storms tore through Texas, killing at least four people and knocking out power to nearly 800,000 customers. Emergency crews have begun clearing debris and assessing flooding.NBC News - Top stories -
Mayor Adams Promised NYC Families Free 3-K Seats, but Hundreds Did Not Receive One
Many New York City families counted on the prospect of free preschool, but hundreds were not immediately offered a seat and may have to travel across town to available spots.The New York Times - Top stories -
Netflix’s One Hundred Years of Solitude brings fame to Gabriel García Márquez’s Colombian hometown
Locals hope TV adaptation of One Hundred Years of Solitude will bring new life to Aracataca, birthplace of author’s magical realism. In sweltering mid-afternoon heat, children splash in the clear water of the canal that threads through town as ...The Guardian - World -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
Replit cuts staff by 30 amid aggressive AI push in software development
Replit, a cloud-based software development platform, lays off 30 employees as it focuses on integrating AI into its coding tools, aiming to make programming more accessible.VentureBeat - Tech -
ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Hunt signals pre-election tax cut as Tories move on to campaign footing
UK chancellor accuses Labour of ‘a lie’ and funding ‘black hole’ in political speechFinancial Times - Business -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business