msquebanh, to Canada
@msquebanh@mastodon.sdf.org avatar

After months of internal strife and questions surrounding its #FinancialSustainability, Hot Docs, #Canada's largest #documentary #FilmFestival, announced it will begin "temporary" layoffs and a three-month closure of its landmark cinema in #Toronto.

#HotDocs is expected to publicly announce the #layoffs and closure of its #TedRogersCinema on Wednesday afternoon, changes which it says are necessary "to address urgent #financial challenges."

https://www.thestar.com/entertainment/movies/hot-docs-announces-temporary-closure-and-layoffs-citing-urgent-financial-challenges/article_096c7a9a-183f-11ef-9b80-af85a8cc05dd.amp.html

#FilmIndustry #CanadianFilm

spideymang, to random Spanish
@spideymang@mstdn.mx avatar

14% of Pixar’s employees will be laid off as part of Disney’s cost-cutting measures.

It will be the biggest restructuring in Pixar's history.

jbzfn, to TeslaMotors
@jbzfn@mastodon.social avatar

⚡Tesla's Supercharger Changes Tell the EV Industry: Fend for Yourselves
— Business Insider

"I got a bounce from every email address," said Andres Pinter, a co-CEO of Bullet EV Charging Solutions, which has about a dozen projects underway for Tesla. Other contractors, he said, may be in trouble if they don't have non-Tesla projects to fall back on."

https://www.businessinsider.com/teslas-supercharger-changes-hurt-wider-ev-industry-2024-5

aral,
@aral@mastodon.ar.al avatar

@jbzfn 💩

drahardja, to tech
@drahardja@sfba.social avatar
parismarx, to tesla
@parismarx@mastodon.online avatar

Tesla charging chief Rebecca Tinucci cut 15-20% of her team after Musk demanded it.

She felt that would justify a major Supercharger network expansion, but when she met with Musk he wanted more layoffs. When she pushed back, he fired the whole team.

https://finance.yahoo.com/news/inside-story-elon-musk-mass-100216178.html

#tesla #tech #elonmusk #layoffs #ev

jakemiller,
@jakemiller@federate.social avatar

@parismarx This jumped out at me:
“Tinucci was one of few high-ranking female Tesla executives. She recently started reporting directly to Musk, following the departure of battery-and-energy chief Drew Baglino, according to four former Supercharger-team staffers. They said Baglino had historically overseen the charging department without much involvement from Musk.”

The consistent theme: Musk’s businesses succeed (only) when they are insulated from him.

hankg,

@parismarx @tony Did she go back or did she tell him to go pound sand?

TechDesk, to tech
@TechDesk@flipboard.social avatar

Layoffs are hitting workers at some tech giants like Google, Microsoft and Tesla. Here’s why that may backfire, explains Business Insider’s Tim Paradis. "In short, the effects of layoffs can counter the financial benefits of expenses carved out of a P&L."
https://flip.it/KibAk7

bpavuk, to SeaOfThieves
@bpavuk@mastodon.social avatar

your bet on who is next to be shuttered down?
my bet is Lyon and (Sea of Thieves). both of them make high-quality games (Arkane: DEATHLOOP, Dishonored 1/2/DotO; Rare: ) and are NOT money behemoths, so they are likely the next target

kaiserkiwi, to gaming
@kaiserkiwi@corteximplant.com avatar

I'm only a few "Microsoft buys every game studio in the world and then closes these studios" news stories away from burning my Xbox…

Holy cow I hate it when history repeats. It's the same shit like back then with Lionhead and Co.

#Gaming #Layoffs #GamingLayoffs #Microsoft #Xbox

matdevdug, to tech
@matdevdug@c.im avatar

I do wish I could tell recruiters that I’ll never apply to a company that reports record profits and also lays people off.

Like why are we wasting each others time talking about corporate mottos and exciting projects? Your leadership treats people like disposable cups. That’s all I need to know.

#tech #layoffs

meett,

@matdevdug who’s stopping you 🤔

matdevdug,
@matdevdug@c.im avatar

@meett Fear of making FAANG mad at me.

stefan, to workersrights
@stefan@stefanbohacek.online avatar

"Google went from you have to be in Mountain View at least three days a week to do this job to you can do it from India and Mexico in less than a year."

https://mas.to/@carnage4life/112367500228993462

HistoPol,
@HistoPol@mastodon.social avatar

@stefan

/s: The ist doing it again. Well, how could a company that profits off manipulating search results ever be honest?

Besides, this will not be for long. I'm already waiting for the headlines heralding in mass layoffs through automation./s

I talked to a friend from IT working in Europe, planning to move to the because salaries are a lot higher.
That being so, in a capitalist system, an international arbitrage of labor was to be expected.

remixtures, to tesla Portuguese
@remixtures@tldr.nettime.org avatar

: "The Supercharger team did something incredible: build the only successful and liked fast-charging network in North America, which is critical to EV adoption.

Firing the entire team because the head was pushing back on the number of layoffs is ridiculous, especially if the plan is still to grow the network. Tesla needs to grow the network since it is currently onboarding other automakers on it. Even if Tesla sees its own sales slowing down, the Supercharger network will need a capacity increase.

Everyone I talked to at Tesla says that it is a complete mess. Contractors for most ongoing Supercharger projects lost their point of contact at Tesla. Again, many suspect Tesla will try to rehire some of the workers fired.

Tesla has hiring inefficiencies leading to layoffs and layoffs inefficiencies leading to new hires.

It’s not a good look." https://electrek.co/2024/05/01/elon-musk-throwing-weight-tesla-wrecking-ball/

TechDesk, to tesla
@TechDesk@flipboard.social avatar

Barely two weeks have passed since Tesla initiated layoffs for at least 14,000 staff, and the company is now reportedly laying off hundreds more — including senior executives and the majority of its Supercharging team. But that may not be the end of it.

In an email sent to executives last night, Elon Musk said he wanted Tesla to be “absolutely hard core” about the cuts, stating even staff working underneath executives who “don’t obviously pass the excellent, necessary and trustworthy test” would also be out of a job. Here’s more from @theverge.

https://flip.it/NB1h5g

stefan, to tech
@stefan@stefanbohacek.online avatar

Yes, every news article about a company laying off staff should be paired with a note on the company's profits, right there in the headline.

https://www.techspot.com/news/102800-alphabet-profits-surge-google-implements-further-layoffs-across.html

forteller,
@forteller@tutoteket.no avatar

@stefan @rysiek Sounds like something like that should be possible to do with a browser extension, no?

rysiek,
@rysiek@mstdn.social avatar

@forteller @stefan probably.

I just wish it was possible to do with media doing their job properly.

FakeScrumStats, to memes
@FakeScrumStats@techhub.social avatar
drahardja, to tesla
@drahardja@sfba.social avatar

Is this for real? Did Elon just lay off #Tesla’s entire Supercharger business division?

“Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, will leave on Tuesday morning, the report said.

Musk also plans to dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group, The Information said. It was not clear how many employees worked for Ho.”

The Supercharger system is probably Tesla’s most beloved and successful product. What is going on?

“Musk lays off Tesla senior executives in fresh job cuts, The Information reports”

#cars #ev #layoffs

https://www.reuters.com/business/autos-transportation/teslas-musk-trims-senior-management-amid-more-layoffs-information-reports-2024-04-30/

drahardja,
@drahardja@sfba.social avatar

Bonkers bananas.

“Sources familiar with the matter told Electrek that Tesla backed out of four leases for upcoming Supercharger locations in New York: one in Maspeth, South Bronx, two in Queens, and one in Gateway Center, Brooklyn.”

“Tesla is already pulling back Supercharger plans after firing team”

https://electrek.co/2024/04/30/tesla-pulling-back-supercharger-plans-firing-team/

EricCarroll,
@EricCarroll@cosocial.ca avatar

@drahardja
Battery, product & supercharger dev all gone?

All in on AI robo-taxis?

Masterful gambit sir.

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