slashes
Cruise implements significant job cuts, reducing self-driving car workforce by 24%
James Murdochs Fund Makes Sharp Reduction in Investment in Viacom18 Backed by Reliance.
The global weakening economy has hit the investors’ appetite, leading to a decrease in investment into some of the most high-profile companies. Viacom18, one such company, saw its intended investment…
Unacademy Reduces Workforce by 12%: Indian Edtech Struggles Amidst COVID-19
The recent layoffs at Unacademy shows that the startup is still struggling to find its feet. With such a large number of cuts just over four months ago, it seems…
Tesla Reduces Prices for Model S and Model Y in US
People who own the Tesla Model S sedan and Model X SUV may be happy to hear that the prices of both cars have been cut by $5,000. Tesla has…
Intel Cuts Dividend: Bracing for a Challenging Year Ahead
Intel’s drastic dividend change – from a steady $0.365/share to a much smaller $0.125 – comes as the chip giant battles tough economic conditions and struggles to keep up its…
Tesla Revs Up the Savings: Model 3 and Model Y Prices Cut Again in China
Tesla made headlines today with their new China pricing: the Model 3 and Model Y had huge price cuts, and they also revealed the prices of two Plaid editions for…