Tesla CEO Elon Musk speaks at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party in Austin, Texas, on April 7, 2022. Suzanne Cordeiro | AFP | Getty Images Tesla is eliminating around 12% of its workforce at a factory in Austin, Texas, as part of a broader restructuring the company announced last week. … Read more
India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums NEW DELHI — As India gears up for the second phase of its general elections, the issue of unemployment is increasingly taking centerstage, with opposition leader Rahul Gandhi charging Prime Minister Narendra Modi and his … Read more
Business woman working at office with laptop and documents on his desk, financial adviser analyzing data. Thicha Satapitanon | Istock | Getty Images “Where do you see yourself in five years?” It’s a question that most people have asked themselves or been asked in job interviews, by mentors, career advisors or even just their parents. … Read more
These are the top companies to work for in Singapore in 2024, according to LinkedIn. Carlina Teteris | Moment | Getty Images Banks dominated the top 5 best companies in Singapore to work for, according to LinkedIn’s list on the best workplaces in the country in 2024. “Commercial banking firms from banking to insurance and … Read more
These are the 2024 top companies in India, according to LinkedIn. Deepak Sethi | E+ | Getty Images LinkedIn has released its eighth annual list of top companies to work for in India, and companies that prioritized its employees’ experience and growth dominated this year’s ranking. From mass layoffs to the adoption of generative AI, … Read more
Rows of new Tesla cars are seen in a holding area near a customer collection point in London, England, on April 15, 2024. Leon Neal | Getty Images Tesla executives Drew Baglino and Rohan Patel announced Monday they are leaving the electric vehicle maker and clean energy company. CEO Elon Musk thanked both departing execs … Read more
As more employees seek ‘green’ perks and more companies return to pre-pandemic office work, commuting is a likely place to focus efforts to embed climate change within workplace benefits culture. Jeff Greenberg | Universal Images Group | Getty Images More workers in today’s labor market want to take action on climate change in some way … Read more
The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna, a buy now, pay later financial services provider, estimates that its AI assistant tool will increase its profit outcome by $40 million by the end … Read more
Young Group Of Professionals Developing Business Strategy and Providing The Business Plan Pekic | E+ | Getty Images SINGAPORE — Tech salaries in Singapore mostly fell in 2023 amid a tech downturn, but certain roles — including for data science and cybersecurity — saw wages jump, according to a new report. The jobs that saw … Read more
Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more
