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Tesla keeps cutting jobs and the feds probe Waymo

Tesla keeps cutting jobs and the feds probe Waymo
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Cruise founder Kyle Vogt is back with a robot startup

Cruise founder Kyle Vogt is back with a robot startup
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.

Cruise Founder Kyle Vogt Starts VC-Funded Robotics Startup

Cruise Founder Kyle Vogt Starts VC-Funded Robotics Startup
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

layoffs: Focused cuts and fewer layers: Tech layoffs enter a new phase

Last year, tech giants like Meta, Amazon, Google, and Microsoft laid off employees and saw their stock prices rise. This year, they are making smaller, targeted job cuts while focusing on key products like AI. Smaller tech startups are also slashing jobs to survive. The layoffs are a correction after years of a booming global economy and near-zero interest rates. Tech executives are now admitting to over-hiring during the pandemic. In the first 30 days of 2024, approximately 100 tech companies have seen 25,000 job cuts. Consolidation and cost-cutting are expected to continue in the industry.

Focused cuts and fewer layers: Tech layoffs enter a new phase, ET Telecom

After last year s widespread layoffs, the largest firms including Amazon, Google and Microsoft have in recent weeks made smaller, targeted job trims while focusing on fewer projects and shifting resources to key products such as artificial intelligence. Some tech startups such as Flexport, Bolt and Brex have slashed more deeply to stave off potential extinction. The mandate from the top is the same: Do more with less.

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