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RIVIAN LAYOFFS
Ford retreats from EVs, takes $19.5 billion charge as Trump policies grip industryFord announced a significant $19.5 billion writedown and is discontinuing several electric vehicle models, including the F-150 Lightning su...- US layoffs hit highest level in two decades: A company-wise breakdown of massive job cuts by AI and cost-cuttingAmerica saw a massive job cut wave in October 2025. Over 153,000 jobs were lost, the highest in twenty years. Technology and warehousing se...
- EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billionElectric pickup and SUV maker Rivian said on Friday it was giving its CEO a pay plan worth as much as $4.6 billion over the next decade, a ...
- Mass layoffs hit Amazon, UPS and Target, but the real reason has nothing to do with AIMajor companies including Amazon, UPS, and Target are cutting thousands of jobs. This is primarily due to rapid past hiring and internal re...
- AI the big disruptor: More than 153K US layoffs in October, a million since JanuaryCompanies announced 153,074 job cuts last month, almost triple the number during the same month last year and driven by the technology and ...
- Amazon leads October layoffs with 30,000 job cuts; Here are the major layoffs across tech, auto, and healthcare in OctoberAmazon job cuts: October 2025 saw widespread job cuts impacting thousands globally. Major companies like Amazon and Google announced signif...
- General Motors lays off over 200 CAD engineers via Microsoft Teams amid profit surge, citing business restructuringGeneral Motors has laid off over 200 engineers at its Michigan campus. This move is part of a company-wide restructuring. The company aims ...
- Missed Snowflake’s boom? Databricks’ $100 billion AI leap could be Wall Street’s next jackpotDatabricks $100 billion valuation latest news: Databricks, a rival to Snowflake in cloud data, is nearing a $100 billion valuation after a ...
- Automakers thrived in the pandemic. Many are now struggling.Each carmaker has its own problems, but there are some common threads. They include a tricky and expensive technological transition, politi...
- Tesla shares rally over 10% as quarterly deliveries beat estimatesTesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric-vehicle maker's pric...
- Wall St falls after jobs data, worries over high TreasuryEven as longer-dated Treasury yields eased from 16-year highs on Wednesday, investors remain concerned that the elevated levels may continu...
- Public markets pricking the valuation bubble & other top tech, startup stories of this weekAfter a slowdown in technology IPOs in 2022, several tech companies including Arm, Instacart, and Klaviyo have returned to raise funds from...
- Amazon Q2 results: Revenue rises 11% to $134 billion boosted by cloud salesNet income was 65 cents a share versus expectations of 35 cents. Last year, the company lost 20 cents a share in the quarter because of a s...
- EV startups burn through more cash as demand faltersEven market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing mon...
- Tech investors focus on profits after layoffs; companies to highlight AIMicrosoft Corp, Google parent Alphabet Inc, Instagram owner Meta Platforms Inc and Amazon.com Inc all report quarterly results this week.
- Tech firms, Wall Street lead job cuts in Corporate AmericaInterest rate hikes by global central banks to tame stubborn inflation have weighed on consumer and corporate spending, affecting the outlo...
- Amazon begins mass layoffs among its corporate workforceOn Tuesday, the company notified regional authorities in California that it would lay off about 260 workers at various facilities that empl...
- Rivian to address layoffs at Friday meeting, Tesla to cut 229 jobsTesla Chief Executive Officer Elon Musk last month told top managers he had a "super bad feeling" about the economy and that the company ne...
- Big Tech is getting clobbered on Wall Street. It's a good time for themThe dissonance between the stock market's relative panic and the business-as-usual calm among tech giants foreshadows a period when analyst...
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