According to Reuters, Elon Musk’s SpaceX is set to lay off about 10 percent of its workforce. The Hawthorne, California based company employees more than 6,000 people. The company did not comment on the number of layoffs but said in an emailed statement that in order to continue to be efficient,...
SpaceX, the rocket company owned by Elon Musk, will lay off about 10% of its employees, the Los Angeles Times reported on Friday citing an unnamed source. The company has more than 6,000 employees and..
Snapchat employees will not be receiving cash bonuses for a second consecutive year. According to Business Insider, the stock for the company fell below $5 for the first time. The report indicates that..
Business Insider reports that GM has begun to notify hourly workers of layoffs at five plants in the US and Canada. The carmaker has 2,700 positions available at other facilities. GM is also providing..