Newswire

All News, Not Faking it

Tesla Cuts 7% Of Full-Time Jobs To Keep A Lid On Costs

Tesla said on Friday that it would reduce full-time employee headcount by around 7 percent, aiming to cut costs as it looks to start delivering lower-priced variants of its Model 3. According to the BBC, Tesla employs more than 45,000 people, so the an…

Hall Of Mirrors, Where’d The Labor Shortage Go?

Authored by Jeffrey Snider via Alhambra Investment Partners,

Yesterday was supposed to see the release of the Census Bureau’s retail trade report, a key data set pertaining to the (alarming) state of American consumers, therefore workers by extension …