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Tesla keeps cutting jobs and the feds probe Waymo
16 May 2024 21:33 GMT
… seemed to touch every sector and theme in transportation, … investors included Formosa Smart Energy Tech Corp., Anglo American … lane or into construction zones.
Electric vehicles, charging & batteries … .”
Tesla isn’t done cutting jobs. CEO Elon Musk said …
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Australia: Sweeping pro-business restructuring and job cuts at Western Sydney University College
16 May 2024 04:06 GMT
In a move that threatens to set a precedent across the tertiary education industry, Western Sydney University (WSU) has launched a wholesale restructuring and destruction of scores of jobs at WSU College, the university’s wholly owned feeder college.
…
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Still More Job cuts at Tesla’s Buffalo Factory
15 May 2024 22:59 GMT
Another week brings with it more notifications of lost jobs at Tesla’s Gigafactory in South Buffalo.
On Monday, the company submitted a Worker Adjustment and Retraining Notice (WARN) letter,
published Wednesday, indicating another 27 workers will lose …
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Tatas won’t change stance on job cuts: Gething
14 May 2024 20:02 GMT
Tata Steel’s firm stand on replacing both blast furnaces at Port Talbot plant with electric furnaces, which could result in job losses, has now triggered a war of words between Wales First Minister Vaughan Gething and the Welsh Conservatives.
Gething, who …
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Morning Coffee: The heartbreak of an exceptional man in finance. Job cuts are still coming
13 May 2024 08:54 GMT
How did Jim Simons, founder of quant fund Renaissance Technologies, make his money? He didn't even start working in finance until his 40s and by the time he died aged 86 last Friday, he was worth nearly $32bn. Even now, after Simons practised his art …
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Siemens net profit surges 70% to ₹802 crore; Board nod for demerger of energy business May 14, 2024 5:51 PM 2 Min Read
14 May 2024 16:42 GMT
… . The global electronics and electrical engineering firm follows the October … operate under the name Siemens Energy India, which will be … its struggling wind division on May 8, including job cuts and a … as the provider of power equipment emerges from its …
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Australia to invest $15bln in renewable energy, critical minerals
14 May 2024 09:57 GMT
… clean energy projects and compete with China in manufacturing electric … to become a "renewable energy superpower".
"The … the domestic production of solar panels and the battery … the nickel sector is facing thousands of job cuts after a jump …
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The Ethical Investor: AI can tackle climate change, boost ESG – but we need to talk about risk
17 May 2024 09:19 GMT
… for Africans to use clean energy, setting up good waste … de Vere Group’s Nigel Green.
“The resultant backlash, including … while delivering competitive financial returns,” Green said.
Similarly, AI-driven … gigs aren’t safe from job cuts or lower pay.
Another …
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Plug Power: Terrible Q1 2024 Results Have Thrown Cold Water At This TurnAround
11 May 2024 12:13 GMT
… The company recently announced job cuts and supply chain optimizations … selling the company’s green products. The difficult environment … cash in total. Plug Power also signed an agreement … to boost US green energy production. Plug Power’s management seems …
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CNBC Daily Open: Dow briefly tops 40,000 for the first time, meme stocks down but not out
17 May 2024 02:32 GMT
… 11% each. Treasury yields and oil prices also rose.
Attracting wealthy … company Under Armour plans to cut jobs as part of a restructuring … billions in tax incentives for green energy and more, the national debt …