BERLIN, April 15 (Reuters) – Tesla (TSLA.O), opens new tab is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs). “About every five years, we need to reorganize and streamline the…
Open Society Foundations’ decision to cut staff and spending in Europe is worrying beneficiaries, who argue a withdrawal of resources could be detrimental to human rights and the foundation’s reputation. The foundations’ leaders told staff in Berlin and Brussels that they will be cutting staff by 80% and 60%, respectively, according to an internal email…
WASHINGTON, May 2 (Reuters) – U.S. job openings fell for a third straight month in March and layoffs increased to the highest level in more than two years, suggesting some softening in the labor market that could aid the Federal Reserve’s fight against inflation. Still, the labor market remains tight, with the monthly Job Openings…